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The Pointe At Polaris 2 Office Properties in Columbus, OH
INVESTMENT HIGHLIGHTS
- Fully leased mixed-use asset with trophy office and retail
- Adjacent to Polaris Fashion Place and I-71 visibility
- Structured parking with shared easements and 5.0/1,000 SF ratio
- 50% of tenant revenue from investment-grade companies
- Multifamily component with 96.4% occupancy and $137K avg. HHI
- All office leases commenced post-2020 with long-term stability
EXECUTIVE SUMMARY
The Pointe at Polaris is a fully leased, trophy-quality mixed-use destination located in Columbus, Ohio’s vibrant Polaris submarket. This two-phase development, completed in 2017 and 2020, spans over 245,000 square feet of office and retail space, complemented by a luxury 473-unit multifamily component. The property boasts 100% occupancy across all asset classes, with a weighted average lease term of 5.5 years and no major expirations before 2030, ensuring stable cash flow and long-term income security.
Strategically positioned along I-71 and adjacent to Polaris Fashion Place—a 1.3 million square foot regional mall with over 160 tenants—The Pointe offers unmatched visibility and access to one of Central Ohio’s most dynamic retail corridors. Office tenants benefit from high-end finishes, walkable amenities, and proximity to top-tier housing, while retail tenants capitalize on built-in demand from residents and professionals. The multifamily component features high-end finishes, an affluent tenant base with average household income of $137K, and walkability to employment centers including JPMorgan Chase’s McCoy Center.
This rare suburban live-work-play environment is supported by over 600 structured and surface parking spaces, shared easements, and a synergistic tenant mix. The property’s performance is further bolstered by investment-grade tenants such as Bank of America and Fiserv, contributing to over 35% of total revenue. With Polaris Parkway’s 158,000 daily traffic count and proximity to major institutions like Ohio State University and John Glenn International Airport, The Pointe at Polaris stands as a premier investment opportunity in one of Ohio’s most sought-after submarkets.
Strategically positioned along I-71 and adjacent to Polaris Fashion Place—a 1.3 million square foot regional mall with over 160 tenants—The Pointe offers unmatched visibility and access to one of Central Ohio’s most dynamic retail corridors. Office tenants benefit from high-end finishes, walkable amenities, and proximity to top-tier housing, while retail tenants capitalize on built-in demand from residents and professionals. The multifamily component features high-end finishes, an affluent tenant base with average household income of $137K, and walkability to employment centers including JPMorgan Chase’s McCoy Center.
This rare suburban live-work-play environment is supported by over 600 structured and surface parking spaces, shared easements, and a synergistic tenant mix. The property’s performance is further bolstered by investment-grade tenants such as Bank of America and Fiserv, contributing to over 35% of total revenue. With Polaris Parkway’s 158,000 daily traffic count and proximity to major institutions like Ohio State University and John Glenn International Airport, The Pointe at Polaris stands as a premier investment opportunity in one of Ohio’s most sought-after submarkets.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 403,365 SF |
| Number of Properties | 2 | Total Land Area | 15.20 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 403,365 SF |
| Total Land Area | 15.20 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
The Pointe at Polaris I
8922 -5958 Lyra Dr, Columbus, OH 43240 |
Office | 258,205 SF | - | - |
|
The Pointe At Polaris II
8890 Lyra Dr, Columbus, OH 43240 |
Office | 145,160 SF | 2020 | - |
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