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    240 Wilson Rd Columbus, OH 43204

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    For Lease
    Contact for pricing

    Prime Retail Space, Columbus, OH

    Lot size:
    300,254 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 300,254 square foot mixed-use community shopping center, located at 240 N Wilson Rd in Columbus, Ohio's Northwest submarket, presents a compelling investment opportunity. Built in 1965, this single-story center sits on a substantial 37.08-acre lot and boasts 65 suites, with 245,600 square feet currently vacant. The property offers flexible space options, ranging from a minimum divisible space of 960 square feet to a maximum contiguous space of 84,071 square feet, catering to a variety of commercial uses. Ample parking is provided with 1,650 spaces, a 5.5:1,000 SF ratio. The strategic location benefits from proximity to major employers, residential areas, Hollywood Casino, and Doctors West Hospital, ensuring high visibility and strong potential for tenant attraction. Four available outparcels offer additional ground lease opportunities. This property is ideal for investors seeking a significant retail presence in a thriving Columbus neighborhood. The property is in Franklin County, Ohio, and has a zip code of 43204. The center is surrounded by large industrial employers and residential neighborhoods, and includes national, regional, and local retailers.

    Property Features for 240 Wilson Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    300,254 SF

    Building Details

    Year Built
    1965
    Stories
    1

    Unit(s) available at that property

    Space
    250
    Size
    50,000 SF
    Space
    Outlot 1
    Size
    79,714 SF
    Space
    Outlot 4
    Size
    35,283 SF
    Space
    240
    Size
    25,000 SF
    Space
    Outlot 2
    Size
    40,075 SF
    Space
    Outlot 3
    Size
    36,154 SF
    Space
    3451
    Size
    2,720 SF
    Space
    3453
    Size
    1,680 SF

    HighLights

    • 960 SF - 50,800 SF suites available.
    • Suitable for diverse commercial tenants.
    • Monument and building signage opportunities.
    • Extensive parking (5.5 spaces per 1,000 square feet).
    • Ground lease options for outparcels available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.090305
    Latitude
    39.959554

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space, Columbus, OH
    Where is this lifestyle center located?
    The property is located at 240 Wilson Rd Columbus, OH.
    What are key features of this property?
    This property features: 960 SF - 50,800 SF suites available.; Suitable for diverse commercial tenants.; Monument and building signage opportunities.
    Request Owner's contact information
    240 Wilson Rd Columbus, OH 43204
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    Columbus, OH 43204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    240 Wilson Rd Columbus, OH 43204
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