100 Polaris PkwyWesterville, OH 43082

Property Details for 100 Polaris Pkwy

Year built

1999

Lot size

22.42 AC

Property size (Sq ft)

215,003 SF

Property type

Grocery and convenience stores

APN

317-331-03-001-020

APU

31733103001020

Description

This exceptional retail opportunity presents 1,222 square feet of prime in-store space within a high-traffic Meijer location in Delaware County. This "store-within-a-store" concept offers unparalleled visibility and access to thousands of weekly customers. The space boasts a high-traffic, front-of-store location, strategically positioned for maximum customer interaction. A fixed monthly fee covers real estate taxes, property insurance, common area maintenance, and utilities, simplifying operational costs. Branding opportunities include both interior and exterior signage, maximizing exposure. The location benefits from exceptional demographics within a thriving trade area. This all-inclusive lease is ideal for a variety of businesses, including but not limited to financial institutions, food and beverage establishments, service businesses, health and wellness providers, and insurance or real estate agencies. The property's multiple tenancy allows for flexibility and a vibrant retail environment. This is a unique chance to establish a presence in one of the Midwest's most recognizable retail destinations. The entire 1,222 square feet is currently vacant and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $59,529,052

  6.5%

  $54,949,896

  7%

  $51,024,904

• Comparable approach

  Method

  Valuation

  Relative Method

  $50,680,680

  Geo Method

  $50,680,680

• Alternative Use

  Use

  Valuation

  Residential

  $46,352,292

  Hospitality

  $42,458,452

  Educational

  $35,324,932

  Medical

  $36,539,812

  Retail

  $54,949,896

Location Insight

City

Westerville

County

Delaware

State

Ohio

Latitude

40.1501

Longitude

-82.9256

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].