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Medical Office Building
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Pending

631 Copeland Mill Rd, Westerville, OH 43081

Medical facility across from Mount Carmel St. Anne's Hospital with a 15-year absolute NNN master lease planned at closing.

Property SizeContact for details
Days on Market142

Property Features for 631 Copeland Mill Rd

General Information

Standard status Pending
Property subtype Office
Listing Agency: CrownPoint Partners
Listed By: Don Bingham III · License #02108110
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CrownPoint Partners

Investment Insights

Based on property information with market context.

This medical office property in Westerville is configured for healthcare use and is arranged under a 15-year absolute NNN master lease scheduled to be signed at closing. Half of the space is subleased to Life Stance Health, a healthcare operator with 632 units, while Westerville Smiles occupies the balance and has structured the master lease in anticipation of possible future expansion within the facility.

The property is located at 631 Copeland Mill Rd in Westerville, Ohio, directly across from Mount Carmel St. Anne's Hospital. The hospital is identified as a full-service inpatient regional facility serving the Columbus, OH market. The occupancy arrangement combines an established dental practice with a healthcare subtenant in a medical-oriented setting.

Key Highlights

  • 15‑year absolute NNN master lease planned at closing
  • 50% of the space is subleased to Life Stance Health
  • Life Stance Health operates 632 units

Property Analytics

Current Use

Westerville Smiles Dental Office LifeStance Therapists & Psychiatrists ... Counselor Elizabeth Watson, Counselor Psychotherapist Dr. Robert L. ... Physician Harrison Steedman, Counselor Life Coach

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

1,223
Businesses Nearby
Balanced
Demand for This Use

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

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical facility across from Mount Carmel St. Anne's Hospital with a 15-year absolute NNN master lease planned at closing.
Where is this medical office space located?
The property is located at 631 Copeland Mill Rd Westerville, OH.
What are key features of this property?
This property features: 15‑year absolute NNN master lease planned at closing; 50% of the space is subleased to Life Stance Health; Life Stance Health operates 632 units
(949) 942-1300 Call to check price and availability
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