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33730497
33730498

658 Commerce Drive, Pickerington, OH 43147

DC
OH 009003618
Cooper Commercial Investment Group
BH
OH SAL.2006007277
Cooper Commercial Investment Group
Cooper Commercial Investment Group
Listed by Cooper Commercial Investment Group
$6,855,000
13 days on market
Updated 13 days ago

The Learning Experience

Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 10,000
Cap Rate 7.00%
NOI $480,000
Tenancy Single
Lease Type NNN
Lease Term 16
Lease Expiration 05/31/2042
Remaining Term 16
Rent Bumps Yes
Year Built 2026
Buildings 1
Acreage 1.778
Parking Spaces 44 spaces
Parking Per SqFt 4.40
Investment Type Net Lease
Lease Commencement 06/01/2026
Ground Lease No

Retail | 7.00% CAP | 10,000 SqFt

Marketing description

The City of Pickerington is one of the fastest-growing and most desirable suburban communities in Central Ohio. Located approximately 15 miles southeast of Downtown Columbus, Pickerington benefits from a strong residential base, affluent demographics, and exceptional access to one of the Midwest’s most dynamic regional economies. Situated within both Fairfield and Franklin Counties, the city has experienced sustained population growth driven by its highly rated school system, quality housing stock, and convenient access to major employment centers throughout Central Ohio. With household incomes above state averages and a business-friendly environment, Pickerington continues to attract both residents and employers seeking long-term growth and stability.

Accessibility is one of Pickerington’s greatest strengths. The city is strategically positioned along U.S. Route 33 and just south of Interstate 70, providing convenient access throughout the Columbus region and beyond. These major transportation corridors connect Pickerington to Downtown Columbus, the greater Midwest, and numerous regional employment hubs. Additionally, the city is located approximately 15 miles from John Glenn Columbus International Airport and 16 miles from Rickenbacker International Airport and Inland Port, one of the nation’s largest cargo-focused logistics centers. This transportation infrastructure has helped establish Pickerington as an attractive location for both residential and commercial development.

The Pickerington trade area benefits from a diverse and expanding economic base supported by healthcare, education, government, technology, logistics, financial services, and advanced manufacturing. The city itself is home to more than 600 businesses and serves as a key suburban commercial hub for eastern Franklin and Fairfield Counties. Major employers in the area include Pickerington Local School District (~1,332 faculty and staff serving 12,000+ students), OhioHealth, and numerous professional service providers. The broader Columbus market is anchored by some of Ohio’s largest employers, including The Ohio State University (region’s largest employer with 41,000+ faculty and staff), Nationwide Insurance (~9,250 employees), JPMorgan Chase (~20,000 employees), Huntington Bancshares (~10,400 employees), Cardinal Health (~5,700 local employees), and Mount Carmel Health System (~9,000+ employees). This diversified economy has helped Columbus consistently rank among the strongest-performing metropolitan areas in the United States.

Healthcare services throughout the region are anchored by nationally recognized providers including OhioHealth, Mount Carmel Health System, Nationwide Children’s Hospital, and The Ohio State University Wexner Medical Center, one of the nation’s leading academic medical systems. Nearby facilities such as OhioHealth Pickerington Methodist Hospital (less than one mile north, 96 beds) and Mount Carmel East (less than 10 miles north, approximately 400 beds) provide comprehensive medical services to area residents while serving as significant employment drivers. The Columbus region has become a leading center for healthcare innovation, research, and medical education, contributing to continued economic growth and workforce development.

Education remains a key strength of the Pickerington community. The highly regarded Pickerington Local School District serves approximately 12,000 students and is consistently recognized among the stronger public-school systems in Central Ohio. Higher education institutions throughout the Columbus market further support workforce development and economic stability. Nearby universities include The Ohio State University, one of the largest universities in the nation with more than 60,000 students, along with Capital University (~3,800 students), Franklin University (10,000+ students), Ohio Dominican University (~1,400 students), and Columbus State Community College (41,000+ students). Together, these institutions support a highly educated workforce and provide a steady pipeline of future professionals for the region’s leading employers.

In addition to its strong economic fundamentals, Pickerington offers an exceptional quality of life supported by extensive recreational, cultural, and entertainment amenities. Local attractions include Pickerington Ponds Metro Park, Blacklick Woods Metro Park, Sycamore Creek Park, and numerous community recreation facilities, while nearby Columbus offers access to professional sports, nationally recognized museums, the Columbus Zoo & Aquarium, Franklin Park Conservatory, Easton Town Center, and a wide variety of dining, shopping, and entertainment destinations. The combination of suburban convenience and metropolitan amenities continues to make Pickerington one of Central Ohio’s most desirable communities.

With its strategic location, strong demographics, highly rated schools, diverse employment base, and proximity to the economic drivers of the Columbus metropolitan area, Pickerington continues to be one of Central Ohio’s premier suburban communities and represents a compelling location for long-term commercial investment.

Investment highlights

  • Brand New Construction (2026), Single-Tenant Location with The Learning Experience: Full 16 Years of Term Remaining with 10% Bumps in Year 7 & 12
  • Attractive 7.00% CAP Rate on NNN Lease Structure with No Daily Management Responsibilities
  • Strategically Positioned on the Booming SE side of Columbus, Pickerington is Positioned Perfectly to Capture Families Moving to the Area for the Major Nearby Intel Semiconductor Plant and Tech Corridor Project ($28 Billion)
  • Established Early Education Operator: The Learning Experience Continues Its National Expansion with 450+ Locations Open or Under Development Across the United States
  • Ideal Demographics with 150,000+ People (5-Mile Radius), Community with Strong Employers and Commuter Traffic, and Average Household Incomes of Approx. $135,000+ (3-Mile Radius)
  • Immediate Access to One of the Midwest's Strongest Economies: Located Just 15 Miles Southeast of Downtown Columbus, the Fast-Growing State Capital and Economic Hub of Central Ohio
  • Rapidly Expanding Trade Area: ~1,200 New Homes Planned Or Under Construction Across Pickerington, Including Sycamore Grove, Sycamore Springs, The Reserve At Pickerington Ponds, And The Retreat At Graystone, Driving Significant Growth In The Area's Family-Oriented Demographic
  • Surging Family Growth: Positioned Within One of Central Ohio's Fastest-Growing and Most Desirable Suburban Communities, Served by the Highly Regarded Pickerington Local School District (12,000+ Students and 1,300+ Faculty & Staff) with 7 Elementary Schools in a 5-Mile Radius, Supporting Long-Term Demand for Early Childhood Education Services
  • Supported by a Diverse Employment Base Including OhioHealth, The Ohio State University (41,000+ Faculty & Staff), JPMorgan Chase (20,000+ Employees), Huntington Bancshares (10,400+ Employees), Nationwide Insurance (9,250+ Employees), Cardinal Health (5,700+ Local Employees), and Mount Carmel Health System (9,000+ Employees)
  • Strong Healthcare Presence: Less Than One Mile from Recent $65 Million Expansion of OhioHealth Pickerington Methodist Hospital (96 Beds) and Less Than 10 Miles from Mount Carmel East (~400 Beds), While Columbus is Anchored by Nationwide Children's Hospital and The Ohio State University Wexner Medical Center
  • Surrounded by Students and Families: Located Within the Highly Rated Pickerington Local School District (12,000+ Students), with Convenient Access to The Ohio State University (60,000+ Students), Capital University (3,800+ Students), Franklin University (10,000+ Students), and Columbus State Community College (41,000+ Students)
  • Directly Between U.S. Route 422 & Route 222 with a Combined Daily Traffic Count of Approx. 70,000 Vehicles Per Day
  • Affluent and Family-Oriented Community with Above-Average Household Incomes, Strong Residential Growth, and Exceptional Quality of Life, Consistently Ranking Pickerington Among Central Ohio's Most Desirable Communities

Listing Contacts

DC
OH 009003618
Cooper Commercial Investment Group
BH
OH SAL.2006007277
Cooper Commercial Investment Group
Cooper Commercial Investment Group
Listed by Cooper Commercial Investment Group

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Loan Amount
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Annual Cash Flow
$480,000.00
$40,000.00/mo

Valuation Metrics

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DSCR
7%
Cap Rate
7%
ROI

Map

Zoning

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C-4 CommercialSpecial CommercialHighway Commercial
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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