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Mixed-Use Development with Parking Garages
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8890 Lyra Dr, Columbus, OH 43240

Integrated commercial development combining retail, office, residential, and structured parking components.

Space Size8,218 SF
Days on Market8

Property Features for 8890 Lyra Dr

General Information

Standard status Active
Size 8,218 SF
Property subtype OFFICE

Spaces For Lease

at 8890 Lyra Dr Contact us

8890 Lyra Dr $22.95/SF/Yr

Floor
1
Size
8,218 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
THE DEVELOPMENT INCLUDES: • 475 Luxury Apartments • 35,000 SF Retail Space...
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Listing Agency: Colliers | Columbus
Listed By: Brett Cisler · License #2003014855
Source: Moodyscre
Added: Sep 15 Changed: Sep 19 Last Checked: Sep 21 at 4:18AM

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 Colliers | Columbus

Investment Insights

Based on property information with market context.

The Pointe at Polaris is a mixed-use development at 8890 Lyra Dr in Columbus, Ohio. Its commercial components include 35,000 square feet of retail space and more than 210,000 square feet of office space, supported by two four-story parking garages.

The development also includes 475 apartments, creating a combined residential and commercial setting within the property. The scale and mix of retail, office, multifamily, and structured parking uses define the asset’s overall configuration.

Key Highlights

  • 35,000 square feet of retail space
  • More than 210,000 square feet of office space
  • 475 apartments within the development

Property Analytics

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Current Use

Merrill Lynch Financial ... Financial Advisor Merrill Lynch Financial ... Financial Advisor Merrill Lynch Financial ... Financial Advisor Merrill Lynch Financial ... Financial Advisor Merrill Lynch Wealth ... Financial Advisor

Suggested Use

Top Pick Building Supply Auto Parts Store HVAC Service Kitchen & Bath Showroom Storage Facility Electrical Service

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
$3.44 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,246
Businesses Nearby

Demographics for 43240, OH

7,661
Population
3,602
Households
2.1
Avg Household Size
33
Median Age
46%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
3,064
Density / Sq Mi
$87,389
Median Household Income
$59,224
Median Earnings
$1,462
Median Rent
$289,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Columbus, OH

$154 /SF/Yr
Avg Asking Price
$7.3–$956 /SF/Yr
Price Range
22,725 SF
Avg Space Size

This space is priced 85% below the average of $154 /SF/Yr.

Vacancy Rate% for Office in Columbus, OH

14.1% 2019
20.2% 2020
23.4% 2021
26.3% 2022
25.6% 2023
24.1% 2024
23.5% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Integrated commercial development combining retail, office, residential, and structured parking components.
Where is this mixed-use property located?
The property is located at 8890 Lyra Dr Columbus, OH.
What is the lease rate?
The lease rate is $22.95 SF/Yr.
What are key features of this property?
This property features: 35,000 square feet of retail space; More than 210,000 square feet of office space; 475 apartments within the development
(614) 402-2252 Call to check price and availability
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