Penny Way Pad

For Lease

40 Coughlin Ln, Delaware, OH 43015

There is currently one space available at Penny Way Pad. The building’s general use is vacantland. The space listed for lease is described as vacantland. Current availability totals 41,817 square feet. Of this, minimum divisible area is 0.96 square feet. The listed lease rate is contact for pricing.

Space Available For Lease 1

Contacts

PJ Williams

Passov Real Estate Group

Property Details

  • Property Type VacantLand
  • Lot Size 0.96 Acre
  • Date Updated May 28, 2026
Positioned within the rapidly expanding Coughlin’s Crossing mixed-use development, this pad-ready site offers a prime retail opportunity in one of Delaware’s fastest growing commercial corridors. Located just east of U.S. Route 23, the property benefits from exceptional visibility and convenient access via multiple signalized intersections, providing strong exposure to daily commuter and regional traffic. The surrounding development spans approximately 80 acres of mixed-use space, incorporating retail, residential, multifamily housing, office uses, and pedestrian-friendly amenities such as bike paths and green space, creating a built-in customer base and sustained daytime activity. Nearby tenants and businesses along Coughlin Lane include national and service-oriented retailers, dining options, and neighborhood conveniences, drawing consistent traffic from both local residents and commuters traveling along the U.S. 23 corridor.Located within the thriving Delaware MSA retail corridor, this pad-ready opportunity sits in the heart of one of Central Ohio’s fastest-growing trade areas. Positioned within the dynamic Coughlin’s Crossing development, the site benefits from a built-in customer base driven by a thoughtfully planned mix of retail, residential, office, and recreational uses across approximately 80 acres. Just east of U.S. Route 23, the property offers exceptional visibility and convenient access via multiple signalized intersections, capturing strong daily commuter and regional traffic connecting Delaware, Powell, and the greater North Columbus trade area. The surrounding corridor is anchored by a growing mix of national retailers, dining destinations, and service providers that generate consistent foot traffic throughout the day. The area is supported by strong and expanding demographics, with population within a five-mile radius projected to grow by more than 15% from 2024 to 2029 and median household incomes approaching $93,800—making this an ideal location for retailers and service users seeking long-term growth in a high-demand suburban market.
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Highlights

  • Convenient access to major regional routes connecting Delaware, Powell, and the North Columbus trade area
  • High-growth trade area: population within 5 miles projected to grow 15%+ from 2024–2029
  • Median household income near $93,800 within 5 miles
  • Positioned in the Delaware MSA retail corridor

Attachments

Getting around

  • 44/100

    Walk Score ®

  • 26/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Delaware, OH
  • Zip Code 43015
  • Market Columbus

Points of Interest

  • Speedway

    1.72 miles

  • Shell

    1.75 miles

  • Meijer Gas Station

    2.68 miles

  • Kroger

    3.90 miles

  • Marathon

    4.37 miles

  • Sheetz

    6.76 miles

  • Tesla Supercharger

    9.58 miles

  • Meeks Aquatic Center

    1.84 miles

  • Science Center Parking

    2.02 miles

  • Edwards Gymnasium Parking

    2.05 miles

  • Selby Stadium Parking

    2.06 miles

  • Saint Mary's Church Parking

    2.22 miles

  • Delaware Chamber of Commerce Parking

    2.31 miles

  • Truck Parking

    7.17 miles

  • West Dam Parking Lot

    7.57 miles

  • Baymont Delaware

    0.23 miles

  • Quality Inn & Suites

    0.41 miles

  • Pacer Inn & Suites Motel

    1.71 miles

  • Holiday Inn Express & Suites

    7.23 miles

  • Americas Best Value Inn & Suites

    7.31 miles

  • Hampton

    7.37 miles

  • Nationwide Hotel and Conference Center

    8.09 miles

  • Cambria Hotel & Suites Columbus - Polaris

    9.38 miles

  • Staybridge Suites Columbus Polaris

    9.43 miles

  • Residence Inn Columbus Polaris

    9.58 miles

  • Kroger

    0.17 miles

  • Walmart

    0.29 miles

  • Delaware Square

    0.56 miles

  • Kohl's

    2.45 miles

  • Meijer

    2.56 miles

  • ALDI

    2.66 miles

  • Buehlers

    3.33 miles

  • Big Lots

    4.41 miles

  • Kroger Marketplace

    4.84 miles

  • Mutts & Co.

    4.84 miles

Contact Listing Broker
PJ Williams

Passov Real Estate Group

  1. 1Main information
  2. 2Extra information
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