AVAILABLE AT AUCTION - May 4th-May6th at RI Marketplace
Transwestern Commercial Services, a full service commercial real estate firm, as exclusive broker, in conjunction with RI Marketplace, is pleased to offer for sale the single tenant Kohl’s (“Property”) located in Westerville (Columbus), Ohio. Bidders are encouraged to review the documents provided on the auction site, which will be updated periodically. This asset is being offered as-is and free and clear of debt. The auction will take place May 4th-6th, 2026 via RIMarketplace.com. The Property is located at 133 Huber Village Blvd., Westerville, Ohio. It offers an investor a terrific opportunity to own a retail asset situated in an infill, high-density retail sub-market, at a location with over three decades of operating history and limited landlord responsibilities. The Property consists of 10.22 Acres of land and 99,380 square feet of building built in 1974 and remodeled in 1991. The Property benefits from being adjacent to West Park Plaza, a 216,000 square foot (inclusive of Kohl’s), community shopping center anchored by a 50,000 square foot Marc’s Grocery and newly opened 30,000 square foot Planet Fitness. The Property is situated at the NEQ of Interstate 270 (over 151,000 vehicles per day) and S. State Street (over 42,000 vehicles per day) with access off Huber Village Boulevard in the Northeastern Columbus Ohio suburb of Westerville. The immediate trade area boasts other major retailers including Kroger, Walmart, ALDI, Chase, McDonald’s, Panera, Starbucks, Chipotle, Wendy’s, Sherwin Williams, PNC Bank, City Barbecue and many others. The area is heavily populated and affluent. There are 105,381 people located in a 3-mile radius and 271,474 people located in a five-mile radius, the average household income is $100,397 within three-miles and $107,778 within five-miles of the property. The Property is in the Westerville Retail Submarket with a total inventory of 9.4 million SF of retail space and a low vacancy factor of 2.7%. There is almost no new construction of retail space in this submarket. The average sub-market asking rent is $19.77 PSF Net.