Listing Agency: CBRE | Columbus d***@cbre.com Show Phone

Listed By: Don Matsanoff Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Jul 10 Last Checked: Aug 5 at 10:52AM

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Investment Insights

Based on property information with market context.

The property at 525 W Schrock Road, previously known as 735 Ceramic Place, is a two-story office building located in Westerville. The building has a total area of 33,444 square feet.

Key Highlights

• 33,444 SF office building
• Two‑story building
• Located in Westerville

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Hair Salon Nail Salon Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.58 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,889

Businesses Nearby

Explore this area Business Placement

Demographics for 43081, OH

64,338

Population

28,457

Households

2.3

Avg Household Size

37

Median Age

54%

College-Educated

98%

High-School Grad

25.1 sq mi

ZIP Area

2,563

Density / Sq Mi

$90,336

Median Household Income

$55,015

Median Earnings

$1,434

Median Rent

$297,300

Median Home Value

Market

Lease Benchmarks for Westerville, OH

$13.29 /SF/Yr

Avg Asking Price

$10.5–$18 /SF/Yr

Price Range

38,912 SF

Avg Space Size

This space is priced 21% below the average of $13.29 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Two-story office building in Westerville, totaling 33,444 SF.

Where is this office building located?

The property is located at 525 West Schrock Road Westerville, OH.

What is the lease rate?

The lease rate is $10.50 SF/Yr.

What are key features of this property?

This property features: 33,444 SF office building; Two‑story building; Located in Westerville