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Polaris Center of Commerce
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1070 Polaris Pkwy, Columbus, OH 43240

Master-planned development with over 8 million square feet.

Space Size1,055 SF - 1,227 SF
Property Size8,561 SF
Days on Market2548

Property Features for 1070 Polaris Pkwy

General Information

Standard status Active
Size 1,055 SF - 1,227 SF
Class B
Property subtype Office
Lease Type NNN

Building Details

Building Size 8,561 SF
Year Built 1998
Tenancy Multiple

Spaces For Lease

at 1070 Polaris Pkwy Contact us

Floor 2, Suite 220

Size
1,227 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 215B

Size
1,055 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Colliers - Columbus, Ohio
Listed By: Andrew Jameson · License #OH 415955
Source: Crexi
Added: Sep 12, 2019 Changed: Aug 27 Last Checked: Sep 1 at 11:45PM

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, Ohio

Investment Insights

Based on property information with market context.

Polaris Center of Commerce is a master-planned development spanning 1,200 acres. Established in 1991, it encompasses over 120 buildings, totaling more than 8 million square feet of space. The development accommodates approximately 200 companies, providing employment for nearly 25,000 individuals. Among its major tenants is JP Morgan Chase’s corporate center, which occupies 2 million square feet and employs 9,000 people. The Polaris office submarket includes nearly 4 million square feet of office space. Polaris Fashion Place and surrounding retailers account for 3 million square feet, offering a variety of restaurants, banking facilities, medical services, and other amenities. The trade area of Polaris is estimated to cover a 20-mile radius.

Key Highlights

  • Master planned development of 1,200 acres.
  • Home to approximately 200 companies employing nearly 25,000 people.
  • Includes JP Morgan Chase’s corporate center employing 9,000.**

Property Analytics

Current Use

Helen Colon - Financial ... Financial Advisor Stephen Dillman at Guaranteed ... Loan Service Jason Harris at Rate ... Loan Service Brian Belinger at Guaranteed ... Loan Service Alex Titus at Guaranteed ... Loan Service

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Auto Parts Store

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
$1.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,146
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

Market

Lease Benchmarks for Columbus, OH

$15.51 /SF/Yr
Avg Asking Price
$2.08–$26 /SF/Yr
Price Range
49,671 SF
Avg Space Size

This space is priced 23% below the average of $15.51 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Master-planned development with over 8 million square feet.
Where is this office building located?
The property is located at 1070 Polaris Pkwy Columbus, OH.
What is the lease rate?
The lease rate is $11.95 SF/Yr.
What are key features of this property?
This property features: Master planned development of 1,200 acres.; Home to approximately 200 companies employing nearly 25,000 people.; Includes JP Morgan Chase’s corporate center employing 9,000.**
(614) 436-9800 Call to check price and availability
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