Office Land for Development

600 N State St Westerville, OH 43082

600 N State St, Westerville, OH, 43082
600 N State St, Westerville, OH, 43082 600 N State St, Westerville, OH, 43082
FOR SALE FOR LEASE
Property Type:
Other Land
Amount:
$450,000
Last Verified:
Nov 12, 2024

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Highlights


Description

1.42 acres available for a build-to-suit opportunity. Up to a 24,000 SF, two-story building could be developed. Ample on-site parking (73 spaces). Located behind Nikou Learning Center with the lot fronting on Office Parkway.

1.42 acres available for a build-to-suit opportunity. Up to a 24,000 SF, two-story building could be developed. Ample on-site parking (73 spaces). Located behind Nikou Learning Center with the lot fronting on Office Parkway.

Minutes from Polaris, close to I-71 and I-270.

Lot Size: 1.42 acres


Documents

Lease Flyer
Sale Flyer

Units for Lease

Space
Space Available: 24000 SF
Lease Type: NNN

Price Per Sqft/Year: $12.50

Map of 600 N State St, Westerville, OH, 43082

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.