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COMMERCIAL SITESAVAILABLE FOR SALE OR LEASE
Skip [email protected]
614-221-428610 N. High St. Suite 401 Columbus, Ohio 43215
www.rweiler.com
80 +/- Acre Mixed-Use Community Development
New Delaware Community DevelopmentColumbus Pike & Stratford Road
Delaware, Ohio 43015
Connie [email protected]
614-374-8488815 Cole Drive
Johnstown, Ohio 43031www.coughlinrealty.com
Christina [email protected]
614-439-9380815 Cole Drive
Johnstown, Ohio 43031www.coughlinrealty.com
Property DescriptionCOMMERCIAL SITES AVAILABLE - NEW DELAWARE PLANNED COMMUNITY!80 +/- acres situated between Columbus Pike and Stratford Road primed for commercial/residential development.
Development plan approved, ready for new businesses! Various size sites available. Coughlin’s Crossing is a unique development for the City of Delaware! It will be centered around a neighborhood atmosphere with both commercial and residential components,
coupled with preservation of some of its natural settings and inclusion of a bike path. These features together blend to form a unified community for the public. The location is key as it is visible from Columbus Pike/US 23 for commercial users, but also has frontage on Stratford Rd for a quieter, residential sector. Approved design standards have been established to respect and be compatible with the
architecture and history of the Stratford area.
Address: Columbus Pike & Stratford Rd Delaware, Ohio 43015
County: Delaware
Acreage: 80 +/- acres
PID: 419-130-04-018-000 419-130-04-020-000 419-130-04-020-001 419-130-04-021-000 419-130-04-022-000 419-130-04-022-001 419-130-04-023-000 419-130-04-028-000 419-130-04-029-000 419-130-04-009-000 419-130-04-010-000 419-130-04-011-000 419-130-04-012-000 419-130-04-013-000 419-130-04-014-000 419-130-04-015-000 419-130-04-016-000 419-130-04-017-000
Location: East of Columbus Pike West of Stratford Rd South of Elliott Estates Subd. North of Meeker Way
Sale Price: Pricing subject to site plan and approvals by Owner
Zoning: A-1 Agricultural District & A-1 PMU Agricultural with a Planned Mixed Overlay District (Additional Text on Page 4)
COMMUNITY FEATURES:• New Roadways Expansion of Meeker Way, US-23 & Stratford Rd• (3) Traffic Signaled Entrances to the Development • Street Improvements for greater Traffic Flow• Pedestrian Connectivity Stratford Rd Bike Path, Sidewalks, & Trail Extensions• Community Design Standards • Parking for all Residents and Businesses• Big Box Sites, Mixed-Use Sites, Retail/Office Sites, &
Single-Family Residences• Neighborhood Community Vibe
Community Renderings
COUGHLIN'S CROSSINGPRELIMINARY MASTERPLAN
SEPTEMBER 08, 2016
VIEW C | CENTRAL QUAD (4) LOOKING NORTHCOUGHLIN'S CROSSING
PRELIMINARY MASTERPLANSEPTEMBER 08, 2016
VIEW D | STRATFORD SOUTH (2B) LOOKING WEST
Subarea Layout
NO. DATE BY
COUGHLIN'S CROSSINGDESCRIPTION
PROJECT DATE:
PROJECT NO.:
DRAWN BY:
CHECKED BY:
MS
D2910002
03/10/2017
RLV
L:\Projects\Projects A-E\D2910002\CAD\EXHIBITS\D2910002 OVERALL SUBAREA EXHIBIT.dwg - Last printed 3/13/2017 10:24 AM
1160 DUBLIN ROAD , SUITE 100COLUMBUS, OH 43215
TEL: (614) 441-4222FAX: (888) 488-7340
COLUMBUS PIKEDELAWARE, OHIO
03/10/17
DATECOUGHLIN'S CROSSINGDELAWARE, OHIO
SUBAREA 6 DATECOUGHLIN'S CROSSINGDELAWARE, OHIO 03/10/17
SUBAREA 5
DATECOUGHLIN'S CROSSINGDELAWARE, OHIO 03/10/17
SUBAREA 4 DATECOUGHLIN'S CROSSINGDELAWARE, OHIO 03/10/17
SUBAREA 3
DATECOUGHLIN'S CROSSINGDELAWARE, OHIO 03/10/17
SUBAREA 2 DATECOUGHLIN'S CROSSINGDELAWARE, OHIO 03/10/17
SUBAREA 1
Master Plan 3D Aerial
COUGHLIN'S CROSSINGPRELIMINARY MASTERPLAN
OCTOBER 19, 2016
AERIAL VIEWproposed masterplan2 N
STRATFORD ROAD
US 23
HAWTHORNBLVD
MEEK
ER
WA
Y
US 23
STRA
TFOR
D RO
AD
Check out the 3D visual video on YouTube!
Development Text
$1,500,000/acre
Corner Lot$1,500,000/acre
Corner Lot$1,500,000/acre $1,350,000/acre
FOR LEASE $30/sf NNN
FOR SALE$550,000/acre
FOR SALE$550,000/acre
FOR SALE$550,000/acre FOR SALE
$450,000/acre
TBD
TBD
Sub-Area 1 (Stratford North) is the northern portion of the property and the location of the historic Janes Home and Barn.
This Sub-Area is bounded by the Elliott Estates subdivision to the north, Stratford Road to the east, and a currently unnamed stream
to the south and west. This Sub-Area is further divided into two smaller areas, one encompassing the existing Janes Home and
Barn (Sub-Area 1b) and the other representing the western half of the Sub-Area (Sub-Area 1a).
Sub-Area 2 (Stratford South) is located along the eastern portion of the property and isbounded by a currently unnamed stream to the north, Stratford Road to the east, the proposed Meeker Way to the south, and the proposed primary spine road and Central
and Northern Quads to the west. This Sub-Area is further divided into two smaller areas (a and b). Sub-Area 2a is generally located along Stratford Rd. and provides a residential transitional buffer. Sub-Area 2b is generally located to the west of Sub-Area 2a and provides for mixed use ground floor commercial and upper story
residential uses with a large open Stratford Commons areaproviding a significant programmed open space amenity for the
entire Development site.
Sub-Area 3 (Northern Quad) is located in the center of the prop-erty and is bounded by a currently unnamed stream to the north,
Stratford South to the east, Central Quad to the south, and the proposed primary spine road to the west.
Sub-Area 4 (Central Quad) is located in the southern half of the property and is bounded by Northern Quad to the north, Stratford
South to the east, and the proposed primary spine road to the south and west.
Sub-Area 5 (Southern Gateway) is located at the southwestern corner of the property and is bounded by US 23 Quad to the
north, the proposed primary spine road to the east, the proposed Meeker Way to the south, and US 23 to the west.
Sub-Area 6 (US 23 Quad) is located in the northwestern corner of the property and is bounded by the Chesrown Chevrolet property
and the Elliott Estates subdivision to the north, a currently un-named stream and Northern Quad to the east, Southern Gateway
to the south, and US 23 to the west.
Street Maps
Aerial & Utility Maps
SewerWater
Demographics & Traffic-0%0 SF
--
Land
Rent/SF/Yr:% Leased:
Total Available:
Typical Floor:RBA:
Building Type:-Class:
Radius 1 Mile 3 Mile 5 MilePopulation
2022 Projection 4,078 26,366 57,7152017 Estimate 3,718 24,077 52,6692010 Census 3,268 21,392 46,582Growth 2017 - 2022 9.68% 9.51% 9.58%Growth 2010 - 2017 13.77% 12.55% 13.07%
2017 Population by Hispanic Origin 121 830 1,5562017 Population 3,718 24,077 52,669
White 3,390 91.18% 21,501 89.30% 47,809 90.77%Black 160 4.30% 1,228 5.10% 2,112 4.01%Am. Indian & Alaskan 9 0.24% 62 0.26% 154 0.29%Asian 87 2.34% 635 2.64% 1,317 2.50%Hawaiian & Pacific Island 3 0.08% 24 0.10% 47 0.09%Other 68 1.83% 627 2.60% 1,230 2.34%U.S. Armed Forces 0 18 52
Households2022 Projection 1,625 9,637 21,5562017 Estimate 1,480 8,792 19,6652010 Census 1,295 7,797 17,430Growth 2017 - 2022 9.80% 9.61% 9.62%Growth 2010 - 2017 14.29% 12.76% 12.82%Owner Occupied 1,034 69.86% 5,678 64.58% 13,671 69.52%Renter Occupied 446 30.14% 3,115 35.43% 5,994 30.48%
2017 Households by HH Income 1,481 8,794 19,665Income: <$25,000 170 11.48% 1,793 20.39% 2,989 15.20%Income: $25,000 - $50,000 379 25.59% 1,882 21.40% 3,983 20.25%Income: $50,000 - $75,000 321 21.67% 1,367 15.54% 3,303 16.80%Income: $75,000 - $100,000 152 10.26% 1,101 12.52% 2,942 14.96%Income: $100,000 - $125,000 131 8.85% 721 8.20% 1,929 9.81%Income: $125,000 - $150,000 84 5.67% 655 7.45% 1,578 8.02%Income: $150,000 - $200,000 174 11.75% 656 7.46% 1,542 7.84%Income: $200,000+ 70 4.73% 619 7.04% 1,399 7.11%
2017 Avg Household Income $87,230 $85,781 $91,0732017 Med Household Income $65,431 $62,100 $71,340
Demographic Summary ReportUS 23 & Stratford Rd
2430 Stratford Rd, Delaware, OH 43015
Copyrighted report licensed to The Robert Weiler Company - 686130.7/28/2017
Page 2
-0%0 SF---Land
Rent/SF/Yr:% Leased:
Total Available:Typical Floor:
RBA:Class:
Building Type:
Street Cross Street Cross Str DistCountYear
Avg DailyVolume
VolumeType
Miles fromSubject Prop
1 Columbus Pike Hawthorn Blvd 0.11 NW 2016 33,708 AADT .182 Hawthorn Blvd Dogwood Dr 0.02 W 2016 3,303 AADT .293 Stratford Rd Columbus Pike 0.16 S 2016 6,401 AADT .294 Columbus Pike Stratford Dr 0.03 N 2016 32,530 AADT .305 Columbus Pike Stratford Dr 0.03 NE 2016 2,815 AADT .326 Pollock Rd 0.00 2011 414 MPSI .347 Pollock Rd Braumiller Rd 0.09 S 2016 491 MPSI .348 Stratford Rd Hull Dr 0.04 NW 2015 2,780 AADT .369 Stratford Rd Columbus Pike 0.09 S 2016 6,401 AADT .36
10 Columbus Pike Stratford Dr 0.07 S 2016 30,816 AADT .38
Traffic Count ReportUS 23 & Stratford Rd
2430 Stratford Rd, Delaware, OH 43015
Copyrighted report licensed to The Robert Weiler Company - 686130.7/28/2017
Page 1
DELAWARE COM
MUNITY PROFILE
DemographicsPopulation: 34,753
37 percent growth since 200023,915 of population over age 21Median age: 33.274.5 percent of population over age 1811.1 percent over age 65
Households13,253 HouseholdsMedian Size: 2.47 people64.7 percent households are familiesMedian household income: $55,766Median home value: $168,200Median rent: $778
TaxationMunicipal income tax: 1.85 percentCounty sales tax 6.75 percentReal estate tax: 67.9156
Business IncentivesTax increment financingTax abatementsRevolving Loan Fund
Workforce DistributionTotal Workforce: 15,458Healthcare, social services 19.9 percentManufacturing 16.8 percentTrade 14.7 percentTransportation/warehousing 12.5 percentHospitality, entertainment, food service 9.1 percent
Homes & Neighborhoods14,192 Housing UnitsOwner occupied: 61 percentRenter occupied: 39 percentHomeowner vacancy rate: 2.5 percentRental vacancy rate: 8.4 percent
46 percent of units built since 1990
TransportationDelaware Municipal Airport Jim Moore Field30 minutes to Port Columbus International AirportRailroad: Norfolk-Southern & CSX
Serviced by:I-71US 23US 42US 36Ohio 315
UtilitiesElectric:• American Electric Power Capacity: 6 MW• Consolidated Electric Capacity: 20 MW Natural Gas:• Columbia Gas of Ohio Pipeline capacity: 300+ CFHFiber:• Enlite, provided by Consolidated ElectricWater:• City of Delaware Fire suppression pressure meets factory mutual requirements Source: Olentangy River & well field Treatment type: membrane filtration Treatment cap.: 7.2 MGD (by 2015) Average daily usage = 4.0 MGDSewer:• City of Delaware Treatment type: Tertiary Treatment cap: 10.0 MGD Avg. Daily Flow: 4.0 MGD Max. Daily Flow: 5.7 MGD
Education
• Delaware City School District• 4 Elementary Schools• 1 Middle School• 1 High School• Olentangy Local Schools (partial)• Delaware Area Career Center• Delaware Christian School• St. Mary School• Columbus State Community College• Franklin University• Ohio Wesleyan University• Methodist Theological Schools in Ohio
Parks & Recreation• Existing & proposed bikeway and
park trails• 350 acres of parkland, including 3
community parks and 20 neighbor-hood parks
• Delaware Wetlands Preserve (20 Acres)
• City/YMCA recreation programs• Skate park and golf course
City Highlights
DELAWARE C
OUNTY C
OM
MUNITY PRO
FILE
Source: Columbus Region Factbook 20179FACTBOOK
delaware county
EMPLOYMENT BY INDUSTRY
DEMOGRAPHICS
196,463RESIDENTS
37.8MEDIAN AGE
65,648HOUSEHOLDS
$91,955MEDIAN HOUSEHOLD INCOME
COLUMBUS REGION EMPLOYMENT BY INDUSTRY
Construction and Mining
4%7%
3%
14%
3%
7%
24%
10%
16%
3%
9%Manufacturing
Wholesale Trade
Retail Trade
Transportation and Utilities
Financial Activities
Professional and Business Services
Education and Health
Leisure and Hospitality
Other Services
Government
WORKFORCE
3.5% UNEMPLOYMENT RATEDELAWARE COUNTY
0 10 20 30 40 50 60
BacBachelorAssociate USAssociate
% 25+ WITH ASSOCIATE DEGREE
OR HIGHER
% 25+ WITH BACHELOR’S DEGREE
OR HIGHER
Delaware County
U.S.Average
30.6%
38.8%
58.5%
51.8%
Source: U.S. Census Bureau, 2016 Population Estimates; U.S. Census Bureau, American Community Survey 2015; EMSI, 2017; Bureau of Labor Statistics, LAUS, seasonally adjusted by Columbus 2020 (2016 average)
COMPANY FTE OPERATIONSJPMorgan Chase & Co. 10,197 Financial services back office, software development, data center
The Kroger Co. 800 Great Lakes distribution center of supermarket retailer
DHL Supply Chain 744 Americas HQ, logistics services
American Showa Inc. 560 Manufacturing and R&D of shock absorbers and power steering systems
Vertiv Co. 550 HQ, manufacturing of power equipment for industrial and data centers
McGraw-Hill Education 500 Distribution of educational publications, development of digital learning products
Optum 500 Insurance and workers compensation office
Advanced Auto Parts, Inc. 406 Auto parts distribution
PPG Industries, Inc. 359 Paint and resins manufacturing, R&D
JEGS High Performance 350 HQ and distribution of auto and truck parts
LARGEST PRIVATE SECTOR EMPLOYERS
County Highlights
This confidential Offering memorandum has been prepared by The Robert Weiler Company and Coughlin Realty for use by a limited number of parties whose sole purpose is to evaluate the possible purchase of the subject property. This Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information con-tained herein is not a substitute for a thorough due diligence investigation.
The information contained in the Memorandum has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used, are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on taxes and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property for your needs. All potential buyers must take appropriate measures to verify all of the information set forth herein. Both The Robert Weiler Company/Coughlin Realty and the Owner disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. The contained information is subject to change at any time and without notice. The recipient of the Memorandum shall not look to the Owner or The Robert Weiler Company/Coughlin Realty for the accuracy of completeness of the Memorandum.
A prospective purchaser must make its own independent investigations, projections, and conclusions regarding the acquisition of the property without reliance on this Memorandum or any other Confidential information, written or verbal, from the Broker or the Seller. The Owner expressly reserves the right, at its sole discretion, to reject any offer to purchase the property or to terminate any negotiations with any party, at any time, with or without written notice. Only a fully-executed Real Estate Purchase Agreement , approved by Seller, shall bind the property. Each prospective purchaser and /or broker proceeds at its own risk.
Offering Memorandum