270 State St Westerville, OH 43081
This exceptional Class A retail space, located at 270 S State St in Westerville, Ohio, presents a unique opportunity for businesses seeking a vibrant and accessible location. Built in 2023, this development offers a total of 14,265 square feet across three buildings, with 71 parking spaces available for customers and employees. Currently, 1,300 square feet of retail space is available for lease, divisible to a minimum of 1,300 square feet and a maximum contiguous space of 1,400 square feet. The property sits on a 1.2-acre lot in the heart of Westerville, within Franklin County. The building features a total of two suites, making it ideal for a single tenant or a smaller multi-tenant configuration. The property's location offers excellent visibility and accessibility, making it an attractive option for a variety of businesses. While the building is new, it is part of a larger mixed-use development, ensuring a dynamic and thriving environment. The preferred uses for the available space include coffee or tea shops, medical offices, beauty salons, and quick-service restaurants. This is an excellent opportunity to establish a presence in a rapidly growing area with high foot traffic and strong demographics. The property's modern design and ample parking ensure a convenient and comfortable experience for both businesses and their customers. Don't miss this chance to secure a prime retail space in Westerville.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.