Westar IV

460 Polaris Parkway
Westerville, Ohio 43082

The building is a five-story, 139,000 square foot structural steel frame office building being converted into Medical. The Offices at Westar are located in close proximity to the prestigious Polaris Centers of Commerce.

Westar/Polaris IV LLC also has ownership opportunities available for tenants that sign qualified 15-year leases. Proforma returns are well above market, projected at >20% cash-on-cash, and require no debt guarantees whatsoever. Owner-occupants enjoy a ‘promoted’ interest wherein their invested capital receives double the percentage ownership in the project. Ownership opportunities are pro rata based on the square footage leased in the building.

3rd Floor
Square Footage3,293 sf
Est. Operating Exp:$13.85
Net Rent Rate: $13.95/sf
Available: Immediately
Medical 3rd Floor
Square Footage3,329
Est. Operating Exp:$13.85
Net Rent Rate: $18.50/sf
Available: Immediately
3rd Floor
Square Footage3,874
Est. Operating Exp:$13.85
Net Rent Rate: $13.95/sf
Available: Immediately
Medical 3rd Floor
Square Footage3,874
Est. Operating Exp:$13.85
Net Rent Rate: $18.50/sf
Available: Immediately
3rd Floor
Square Footage13,851
Est. Operating Exp:$13.85
Net Rent Rate: $13.95/sf
Available: Immediately
Medical 3rd Floor
Square Footage13,851
Est. Operating Exp:$13.85
Net Rent Rate: $18.50/sf
Available: Immediately
4th Floor
Square Footage29,500
Est. Operating Exp:$13.85
Net Rent Rate: $13.95/sf
Available: Immediately
Medical 4th Floor
Square Footage29,500
Est. Operating Exp:$13.85
Net Rent Rate: $18.50/sf
Available: Immediately
5th Floor
Square Footage29,500
Est. Operating Exp:$13.85
Net Rent Rate: $13.95/sf
Available: Immediately
Medical 5th Floor
Square Footage29,500
Est. Operating Exp:$13.85
Net Rent Rate: $18.50/sf
Available: Immediately
To inquire about this available property, please contact Gregory D. Weber, or John A. Derzon at (614) 488-4424.