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1551 Gemini Pl
Columbus, OH 43240 Polaris

Rate Upon Request

Freestanding For Lease

Property Details

  • Property Type Freestanding
  • Year Built 2018
  • Total Building Size 69,662 SF
  • Tenancy Single
  • Building Class B
  • Zoning LC4
26 Transit Score
52 Walk Score

Description

Elford Realty, LLC is pleased to present the opportunity to lease or purchase this former Art Van Furniture building, ideally situated just west of Interstate 71 in the thriving Polaris market of north Columbus, Ohio. Constructed in 2018, the building is conveniently located in Polaris Fashion Place and Polaris Centers of Commerce, near the Chase Bank corporate office campus. It boasts strong demographics, high traffic, and a significant daytime population, making it a prime location.

This is a rare opportunity to acquire the leasehold interest in this free-standing 69,662 SF building with the current annual ground rent of $4.90/SF ($85,000/acre or $345,695/year). There is an option to purchase the ground for $950,000/acre ($3,863,650 – 4.067 acres). The building is also available for lease at $18.95/SF NNN (which includes the ground rent) with the CAM, Tax, and Insurance at approximately $6.06/SF.

Highlights

Immediate access to I-71 and I-270
Ground lease or purchase option available
Free-standing building offering 69,662 SF

Public Transportation

AirportDriveWalkDistance
John Glenn Columbus International 23 min - 16.0 mi
Rickenbacker International 38 min - 27.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 174
Type: Surface
Included in Rent: Yes