For Lease
$1/SF/YR

London Groveport Rd Groveport, OH 43125

3.16 Acres, Build-to-Suit Opportunity

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 3.16-acre commercial land parcel, located at the intersection of London Groveport Road and Alum Creek Drive in Columbus, Ohio (Parcel Number: 010-237812-00), presents a unique build-to-suit opportunity. Currently zoned commercial, this property is ideally situated within the thriving Rickenbacker Global Logistics Park, boasting over 80 million square feet of existing distribution space with potential for significant future expansion exceeding 100 million square feet. The site's strategic location offers unparalleled access to a substantial consumer base, with over 1,000 residents in the immediate community and 12,500 jobs within the logistics park itself. This translates to high demand and limited competition, particularly within the quick-service restaurant sector; there are no comparable establishments within a three-mile radius. The property's adjacency to the Life at Green Arbor multifamily complex, encompassing 376 multifamily units and 124 condos, further enhances its appeal and provides a built-in customer base. Recent retail additions to the area, including Sheetz and Chipotle, underscore the growing commercial activity in this dynamic location. The net lease asking price is $125,000 per year. This property is perfect for a hotel, warehouse, retail center, or other multi-use development. The potential for significant return on investment is undeniable, given the strong demand and limited competition in this rapidly expanding market.

Highlights

  • 3.165-acre commercial land parcel in Franklin County, Ohio, located at London Groveport Rd & Alum Creek Dr, Columbus, OH.
  • Build-to-suit opportunity for hotel, warehouse, or retail development.
  • Net lease asking price: $125,000 per year.
  • Currently zoned commercial; Parcel Number: 010-237812-00.
  • Located in the Rickenbacker Global Logistics Park, an area with over 80 million square feet of existing distribution space and potential for significant growth.
  • Strong demand due to over 1,000 residents and 12,500 jobs in the immediate area, with limited quick-service restaurant competition.

Property Details for 0 London Groveport Rd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
154,202 SF

Unit(s) available at that property

Space
Size
154,202 SF
Rate per SF
$1

Location Insight

City
Groveport
County
Franklin
State
Ohio
Latitude
39.830138377783
Longitude
-82.934549

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FAQs

What type of property is this?
Retail property - 3.16 Acres, Build-to-Suit Opportunity
Where is the retail property located?
The property is located at London Groveport Rd Groveport, OH.
What is the lease rate?
The lease rate is $1/SF/YR.
What are key features of this property?
This property features: 3.165-acre commercial land parcel in Franklin County, Ohio, located at London Groveport Rd & Alum Creek Dr, Columbus, OH.; Build-to-suit opportunity for hotel, warehouse, or retail development.; Net lease asking price: $125,000 per year.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Vasilios Bill Michailidis
Vasilios Bill Michailidis
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London Groveport Rd
Groveport, OH 43125

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Groveport, OH 43125

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Disclaimer

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We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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0 London Groveport Rd
  • Vasilios Bill Michailidis
    Vasilios Bill Michailidis
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