Polaris Flex Space For
8752-8958 Cotter St Lewis Center, OH
For Sale
Contact for pricing
Flex space near I-71 and Route 23 available for rent.
Property Size2,233 SF
Lot Size30.44 Acres
Price / SF$138.83
Days on Market245
Property Features for 8752-8958 Cotter St
General Information
Standard status
Active
Size
2,233 SF
Lot size
30.44 Acres
Property subtype
OFFICE
Listing Agency:
Donald R Kenney & Company
(614) 348-9615
Listed By:
Jim Bain, SIOR
(614) 348-9615
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Jul 10
Last Checked: Jul 21 at 4:10AM
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 Donald R Kenney & Company
Investment Insights
Based on property information with market context.
This flex space is located in the Polaris area, offering a convenient location with close proximity to I-71 and situated approximately half a mile east of Route 23. The property has an area of 2233 square feet. Condo fees are estimated at $2 per square foot. Utilities are separately metered and paid by the tenant.
Key Highlights
- Convenient location near Polaris.
- Close proximity to I‑71.
- Half mile east of Route 23.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.2k | $21.60 |
| − Vacancy | −$11.6k | −$5.18 |
| EGI | $36.7k | $16.42 |
| − OpEx | −$9.2k | −$4.10 |
| NOI | $27.5k | $12.31 |
2,233 SF · lease $21.60/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$392.8K
$343.7K – $458.2K
NOI $27,493 @ 7.0% cap · market cap 8.87%
Second Best
Industrial
$370.6K
$324.3K – $432.4K
NOI $25,945 @ 7.0% cap · market cap 8.37%
Theoretical Best
Warehouse
$450.1K
$393.8K – $525.1K
NOI $31,505 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Flex space near I-71 and Route 23 available for rent.
Where is this office units located?
The property is located at 8752-8958 Cotter St Lewis Center, OH.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Convenient location near Polaris.; Close proximity to I‑71.; Half mile east of Route 23.
