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Space Available For Lease 1
1551 Gemini Place |
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.
Andy Mills
Elford Realty | CORFAC International |
Contacts
Elford Realty | CORFAC International
Property Details
- Property Type Retail - Street Retail
- Property Size 69,662 SF
- Lot Size 4.07 Acre
- Property Tenancy Single Tenant
- Year Built 2018
- Date Updated Jan 17, 2025
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Transit Score ®
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Location
- City Columbus, OH
- Neighborhood Polaris
- Zip Code 43240
- Market Columbus
Points of Interest
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Costco Gasoline
0.09 miles
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BP
0.64 miles
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Shell
0.67 miles
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Tesla Supercharger
0.81 miles
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United Dairy Farmers
0.88 miles
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Kroger Fuel
0.94 miles
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Speedway
1.18 miles
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Circle K
1.19 miles
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Kroger
1.65 miles
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Lot A
1.00 miles
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Lot B
1.03 miles
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Lot Q
1.03 miles
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Lot C
1.07 miles
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Lot D
1.12 miles
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Lot E
1.16 miles
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Lot N
1.17 miles
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Garage M
1.21 miles
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Lot M
1.25 miles
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Lot F
1.25 miles
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Noodles & Company
0.10 miles
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Chili Verde
0.10 miles
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Torchy's Tacos
0.15 miles
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Benihana
0.17 miles
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Dave & Buster's
0.17 miles
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The Cheesecake Factory
0.17 miles
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Panda Express
0.25 miles
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Burger King
0.28 miles
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17 Arrows Craft Kitchen & Bar
0.30 miles
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Mimi's Cafe
0.38 miles
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Polaris Fashion Place
0.26 miles
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Von Maur
0.27 miles
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Burlington
0.28 miles
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Ross
0.30 miles
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JCPenney
0.32 miles
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Saks Fifth Avenue
0.39 miles
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Macy's
0.49 miles
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Target
0.64 miles
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Kroger
0.89 miles
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Fresh Thyme
0.94 miles
1551 Gemini Place Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
1551 Gemini Place is located in Polaris, which is home to a total of 7 listing(s). Retail space at 1551 Gemini Place asks $18.95/SF/YR per square foot.
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The property includes 69,662 square feet of retail space for lease. Of this total, 69,662 square feet are Freestanding.
Lease agreement conditions for the availability at this property include NNN.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Polaris is 33. The average household income here is $88,289 per year.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Elford Realty | CORFAC International