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658 Commerce Dr
Pickerington, OH 43147
New,NNN Learning Experience|150k(5 miles) · Retail Property For Sale
Investment Highlights
- Brand New Construction (2026), Single-Tenant Location with The Learning Experience: Full 16 Years of Term Remaining with 10% Bumps in Year 7 & 12
- Ideal Demographics with 150,000+ People (5-Mile Radius) and Average Household Incomes of Approx. $135,000+ (3-Mile Radius)
- Directly Between U.S. Route 422 & Route 222 with a Combined Daily Traffic Count of Approx. 70,000 Vehicles Per Day
- Attractive 7.00% CAP Rate on NNN Lease Structure with No Daily Management Responsibilities
- Immediate Access to One of the Midwest’s Strongest Economies: Located Just 15 Miles Southeast of Downtown Columbus, the Fast-Growing State Capital
- Surging Family Growth: Positioned Within One of Central Ohio’s Fastest-Growing and Most Desirable Suburban Communities
Property Facts
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Construction Status
Under Construction
Price
$6,855,000
Price Per SF
$685.50
Cap Rate
7%
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.78 AC
Amenities
- Courtyard
- Air Conditioning
Property Taxes
| Parcel Number | 04-11166-100 | Improvements Assessment | $0 (2025) |
| Land Assessment | $185,220 (2025) | Total Assessment | $185,220 (2025) |
Property Taxes
Parcel Number
04-11166-100
Land Assessment
$185,220 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$185,220 (2025)
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