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Powell Center 120-180 E Olentangy St 513 - 10,301 SF of Retail Space Available in Powell, OH 43065
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 138 | 513 SF | Negotiable | $27.67 CAD/SF/YR $2.31 CAD/SF/MO $14,196 CAD/YR $1,183 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 152 | 9,788 SF | Negotiable | $27.67 CAD/SF/YR $2.31 CAD/SF/MO $270,854 CAD/YR $22,571 CAD/MO | Triple Net (NNN) |
120-180 E Olentangy St - 1st Floor - Ste 138
- Lease rate does not include utilities, property expenses or building services
120-180 E Olentangy St - 1st Floor - Ste 152
Retail opportunity in a very limited availability corridor. 13,063 vehicles per day on East Olentangy Street (MPSI: 2023). 1-mile average household income: $180,302. Close proximity to the Muirfield Village Golf Club and the Columbus Zoo and Aquarium. Parking ratio: 6.32 per 1,000 SF. Signalized intersection at East Olentangy Street and Grace Drive.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Powell Center
- Tenant
- Description
- US Locations
- Reach
- Brennan Music Studio
- -
- 1
- -
- Buckeye Swim School
- Other Services
- 2
- Local
- Cambria
- Other Services
- 57
- National
- J & F Nail Salon
- -
- 1
- -
- Massage One More
- Services
- 1
- -
- StretchLab
- Fitness
- 505
- International
| Tenant | Description | US Locations | Reach |
| Brennan Music Studio | - | 1 | - |
| Buckeye Swim School | Other Services | 2 | Local |
| Cambria | Other Services | 57 | National |
| J & F Nail Salon | - | 1 | - |
| Massage One More | Services | 1 | - |
| StretchLab | Fitness | 505 | International |
Property Facts
| Total Space Available | 10,301 SF | Frontage | 606’ on E Olentangy St |
| Center Type | Neighborhood Center | Gross Leasable Area | 39,544 SF |
| Parking | 250 Spaces | Total Land Area | 6.00 AC |
| Stores | 17 | Year Built | 1989 |
| Center Properties | 1 |
| Total Space Available | 10,301 SF |
| Center Type | Neighborhood Center |
| Parking | 250 Spaces |
| Stores | 17 |
| Center Properties | 1 |
| Frontage | 606’ on E Olentangy St |
| Gross Leasable Area | 39,544 SF |
| Total Land Area | 6.00 AC |
| Year Built | 1989 |
About the Property
Retail opportunity in a very limited availability corridor. 13,063 vehicles per day on East Olentangy Street (MPSI: 2023). 1-mile average household income: $180,302 Close proximity to the Muirfield Village Golf Club and the Columbus Zoo and Aquarium. Parking ratio: 6.32 per 1,000 SF. Signalized intersection at East Olentangy Street and Grace Drive.
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
Powell Center | 120-180 E Olentangy St
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