Polaris Westar Plaza

Located on the north end of the Westerville's "Medical Mile", home to Ohio Health, Nationwide Children's Hospital, Mount Carmel, Central Ohio Primary Care Physicians. Westar is situated in Delaware County, one of the wealthiest, and the fastest growing county in the state. It is home to corporate headquarters and businesses in the health care, technology and financial services sectors and approximately 7,000 jobs.Polaris Westar Plaza is a fully occupied retail strip center located in Westerville, Ohio, offering a 100% leased investment opportunity with long-term tenant commitments. Built in 2020, the property features ±24,315 square feet of gross leasable area across two buildings and six suites, with a weighted average lease term of ±5.3 years. The property benefits from a service- and food-based tenant lineup that includes fast-casual restaurants, salons and barbershops, yoga studios, and medical offices, providing an internet-resistant tenant mix. The center is situated in one of Columbus' premier submarkets, surrounded by strong demographics and a daytime population of over 30,000 employees from nearby offices, hotels, hospitals, and schools. The asset features scheduled rent increases throughout the first few years of ownership, as well as built-in increases during option periods for all tenants, and requires minimal near-term capital expenditures due to its new construction status.