Former Art Van Furniture

1551 Gemini Place

For Sale or Lease Former Art Van Furniture location – freestanding building at Polaris Mall

Elford Realty, LLC is pleased to present the opportunity to lease or purchase this former Art Van Furniture location. This is a rare opportunity to acquire the leasehold interest in this free-standing 69,662 sf building being offered for sale with a current annual ground rent with an option to purchase the ground in December 2022. The only restricted uses for the site are related to sporting good tenants who won’t allow more than 25% of floor space dedicated to restricted sale of outdoor and sport items. The building is also available for lease at $18.95/sf NNN (which includes the ground rent) with the CAM, Tax, Insurance at approximately $6.06/sf.

  • Suite

  • Available SF

  • Rate

  • Availability

  • Lease Type

  • Suite

  • Available SF

    69,662 SF
  • Rate

    $18.95/SF
  • Availability

    Immediate
  • Lease Type

    NNN

Overview

This is a rare opportunity to acquire the leasehold interest in this free-standing 69,662 sf building being offered for sale with a current annual ground rent & an option to purchase the ground in December 2022. The only restricted uses for the site are related to sporting good tenants who won’t allow more than 25% of floor space dedicated to restricted sale of outdoor and sport items. The building is also available for lease at $18.95/sf NNN (which includes the ground rent) with the CAM, Tax, Insurance at approximately $6.06/sf.

Location

Ideally situated just west of Interstate 71 in the thriving Polaris market of north Columbus, Ohio. The building was built in 2018, boasts strong demographics, high traffic and significant daytime population and is conveniently located in Polaris Fashion Place and Polaris Centers of Commerce and near Chase Bank corporate office campus.

We’d Love to Hear from You

We are passionate about real estate and we would welcome the opportunity to discuss how the current market may impact your real estate needs and goals.

Please call us at 614-488-0000