Retail Space
5755 Westerville Road Westerville, OH 43081
Details & Description
Price: $1,700,000
    Brand New Five-Year Lease | Commenced April 2021Corporate Guaranty with U.S. Largest Equipment Rental CompanyRare 15% Rental Increases During Each Option PeriodLongstanding Equipment Rental Facility | 25+ Yr Historical OccupancyFranklin Equipment Acquired by United Rentals in 2021Located in the Columbus MSA | 32nd Largest in the U.S.Ideal Access to Major Thoroughfares | Interstate-270 & Interstate-71Robust Demographics | 269,000+ Residents Within Five MilesDirect Frontage on Westerville Rd | 16,300+ AADT
    Property Highlights
     Corporate Guaranty with U.S. Largest Equipment Rental Company
     Located in the Columbus MSA
    Listing Agents
    Scott Gould

    O: 407-557-3824
    scott.gould@marcusmillichap.com
    Christopher Biuso

    O: 407-557-3841
    christopher.biuso@marcusmillichap.com
    Rory Shelby
    Marcus and Millichap
    O: 407-557-3861
    rory.shelby@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5755 Westerville Road

    Westerville, OH 43081

    Listing ID: 275740
    5755 Westerville Road Westerville, OH 43081 | for Sale | Photo 1
    Building Size: 7,500 SF
    Lot Size: 2.040 AC
    Land Size: 88,862 SF
    Building $/SF: $226.67
    Land $/SF: $19.13
    Price
    $1,700,000
    Property Highlights
    Brand New Five-Year Lease
    Corporate Guaranty with U.S. Largest Equipment Rental Company
    Located in the Columbus MSA
    Description

    Brand New Five-Year Lease | Commenced April 2021

    Corporate Guaranty with U.S. Largest Equipment Rental Company

    Rare 15% Rental Increases During Each Option Period

    Longstanding Equipment Rental Facility | 25+ Yr Historical Occupancy

    Franklin Equipment Acquired by United Rentals in 2021

    Located in the Columbus MSA | 32nd Largest in the U.S.

    Ideal Access to Major Thoroughfares | Interstate-270 & Interstate-71

    Robust Demographics | 269,000+ Residents Within Five Miles

    Direct Frontage on Westerville Rd | 16,300+ AADT

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Columbus History of Retail Space for Sale

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    Westerville Area Market Trends

    Listing Demographics for 5755 Westerville Road Westerville, OH 43081

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population14,894120,496285,863
    Population Median Age363636
    Population by Age0-9 Yrs2247 (15%)19048 (15%)43390 (15%)
    10-19 Yrs1811 (12%)15039 (12%)34326 (12%)
    20-29 Yrs2347 (15%)17315 (14%)40745 (14%)
    30-39 Yrs2396 (16%)19256 (15%)45381 (15%)
    40-49 Yrs1901 (12%)15139 (12%)36764 (12%)
    50-59 Yrs1635 (10%)13724 (11%)33301 (11%)
    60-69 Yrs1240 (8%)11641 (9%)28019 (9%)
    70+ Yrs1316 (8%)9334 (7%)23938 (8%)
    Median HH Income$56,384$57,615$63,168
    Total Household Income< 24K920 (15%)8070 (17%)18967 (16%)
    25-49K1623 (28%)11633 (25%)25280 (22%)
    50-74K1273 (22%)8797 (19%)21066 (18%)
    75-99K835 (14%)6371 (14%)15570 (13%)
    100-199K1025 (17%)8998 (19%)25845 (23%)
    200K+90 (1%)1231 (2%)5071 (4%)
    Highest Education LevelNo Diploma463680615037
    Diploma or GED30032124446937
    Some College23821805639707
    Assoc. Degree984626514030
    Bachelors Degree22361824750556
    Higher Degree913853925889
    Total Housing Units6,25948,167119,339
    --Owner-Occupied2,69623,17661,409
    --Renter-Occupied3,07121,92550,389
    Owner-Occupied Values< 100K52332028845
    100-199K18161315127423
    200-299K236518116393
    300-399K3912005964
    400-499K221211411
    500K+593211373
    Total Working Age Population11,38691,975220,223
    In Work Force8,53166,563158,331
    Not In Work Force2,85525,41261,892
    Workforce Employed8,27463,542150,623
    Workforce Unemployed2582,9797,614
    Civlian Workforce8,53166,521158,237
    Military Workforce04294
    Total Households5,76745,101111,798
    Family Households3,52828,05268,459
    Non-Family Households2,23917,04943,340
    Married Couple2,34118,80846,885
    Other Family1,1879,24421,574
    Married w/Child9748,74121,243
    Single Male w/Child1281,3213,063
    Single Female w/Child6114,1789,329

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Delaware County109,989+58174,214+21210,630+17246,000
    Franklin County1,068,978+91,163,414+111,291,320+81,394,980

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5755 Westerville Road in Westerville?
    The asking price for 5755 Westerville Road is $1,700,000
    What is the building size of this Retail property in Westerville, OH?
    The size of the building/unit at 5755 Westerville Road in Westerville is 7,500 square feet
    How much land does the Westerville, OH property at 5755 Westerville Road include?
    5755 Westerville Road in Westerville includes 2.040 acres of land
    What kind of Retail is the propery at 5755 Westerville Road?
    The property at 5755 Westerville Road Westerville, OH 43081 is listed as a Other Retail Retail property
    What is the population within 1 mile of 5755 Westerville Road in Westerville?
    The population within 1 mile of 5755 Westerville Road Westerville, OH 43081 is 14,894 people.
    Who do I contact for questions about 5755 Westerville Road?
    You should contact the listing agent, Scott Gould, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    John Glenn Columbus International Airport (CMH) 7
    Rickenbacker International Airport (LCK) 19
    James M Cox Dayton International Airport (DAY) 70
    Price
    $1,700,000
    Listing Agent
    Listing Co-Agent
    Scott Gould - CRE Agent at

    Christopher Biuso

    Independent Agent
    Listing Co-Agent
    Scott Gould - CRE Agent at Marcus and Millichap

    Rory Shelby

    Independent Agent
    More listings from Scott Gould
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