Westerville, OH Commercial Real Estate for Lease and Sale

Explore 59 listing(s) of commercial real estate in Westerville, OH to find the best space for your business.

CRE Market FAQs

Concord Square Office Park

100 Dorchester Square N, Westerville, OH
Space Type

Office
For Lease

$20.25/SF/YR
1 space available / 2,362 SF
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354 Westdale Ave

354 Westdale Ave, Westerville, OH
Property Type

Industrial
For Sale Contact for pricing

Property size 18,000 SF
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412 Polaris Pkwy

412 Polaris Pkwy, Westerville, OH
Space Type

Retail
For Lease

$30.00/SF/YR
1 space available / 3,157 SF
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Cooper Road and Cleveland Avenue

Cooper Road and Cleveland Avenue, Westerville, OH
Property Type

VacantLand
For Sale Contact for pricing

Property size 32.37 Acre
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Giant Eagle | In-Store Real Space

650 North State Street, Westerville, OH
Space Type

Retail
For Lease Contact for pricing

1 space available / 443 SF
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4151 Executive Parkway | Upgraded Office With Large, Divisible Suites | For Lease in Westerville, OH

4151 Executive Parkway, Westerville, OH
Space Type

Office
For Lease Contact for pricing

1 space available / 13,636 SF
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Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Westerville:
- Office Space: The market includes 2,312,923 square feet of office spaces in addition to 62 coworking locations.
- Retail Space: Between malls, restaurants and stores, Westerville is home to 1,514,752 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 144,301 square feet of available space in Westerville.
The average rent for commercial real estate in Westerville is $15.97 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Westerville costs $9.25, while the city’s premium locations ask up to $32.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 112,196 square feet.
- Class B properties are sized 49,001 square feet, on average.
- Class C properties span an average of 96,993 square feet.
CommercialCafe’s CRE offering in Westerville is enabled by a network of 64 active brokers from 38 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $32 per square foot. In particular, the property type commanding the highest lease rates in Westerville is Office space.
The average size of a commercial property here stands at 307,140. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Westerville:
Office properties:
- Average size: 110,140 square feet.
- Largest property: Suite 300 (30,000 square feet).
Retail properties:
- Average size: 89,104 square feet.
- Largest property: 111 Huber Village Blvd #3B (35,000 square feet).
Industrial properties:
- Average size: 48,101 square feet.

Westerville, OH Commercial Space Listings

Commercial Space for Lease - Breakdown

The 53 listings for commercial real estate currently available for rent in Westerville add up to 906,543 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	27	417,052
Retail	19	114,000
Industrial	4	68,351
Other	3	307,140

Office properties:

The market has 27 active office listings, encompassing 417,052 square feet.
Westerville office spaces currently listed on CommercialCafe represent 50% of the total commercial real estate market in Westerville, compared to an average of 40% across all markets tracked by CommercialCafe.

Retail Space:

There are 19 retail listings available, adding up to a total of 114,000 square feet.
Retail spaces account for approximately 35% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.

Industrial Space:

The industrial market in Westerville offers 4 listings, amounting to 68,351 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 7% of the total commercial space available in the market, compared to a nationwide average of 24%.

Commercial Space for Sale - Breakdown

There are currently 13 properties listed for sale in the Westerville market, adding up to 534,667 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

1 office properties
1 retail properties
1 industrial properties

Property Type	Count of Listings	Total Sq. Ft.
Office	1	417,242
Retail	1	99,380
Industrial	1	18,000
Other	10	45

Westerville, OH Commercial Real Estate for Lease and Sale

Concord Square Office Park

354 Westdale Ave

412 Polaris Pkwy

Cooper Road and Cleveland Avenue

Giant Eagle | In-Store Real Space

4151 Executive Parkway | Upgraded Office With Large, Divisible Suites | For Lease in Westerville, OH

Frequently Asked Questions

Westerville, OH Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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