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  1. Commercial Spaces
  2. OH
  3. Delaware
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For Lease

Penny Way Pad

40 Coughlin Ln, Delaware, OH 43015

41,817

SF Available
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.

Key features

  • 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

Rental Details

  • Number of spaces 1
  • Total square feet available 41,817 SF
  • For Lease Contact for pricing
  • Space Types VacantLand
  • Lease Type NNN
  • Date Updated Apr 17, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 1 Space Available

Penny Way Pad

  • Space Type VacantLand
  • Lease Rate Contact for pricing
  • Total Space Available 41,817 SF
  • Divisible Space 0.96 - 0.96 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No

Lease type: NNN/Gross/MG - Ask Broker.

broker
PJ Williams

Passov Real Estate Group

Contacts

broker
PJ Williams

Passov Real Estate Group

Building Details

  • For Lease Contact for pricing
  • Property Type VacantLand
  • Lot Size 0.96 Acre
  • Date Updated Apr 17, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Car-Dependent (44)
  • Bike Score ®

    Somewhat Bikeable (26)
Powered by Walk Score ®

Location

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

Points of Interest

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

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

Touchless Express

1.88 miles

Blue Sky Car Wash

4.87 miles

Car Wash USA

7.93 miles

GetGo Car Wash

7.93 miles

Blue Sky

8.69 miles

Speedway Car Wash

8.73 miles

Goo Goo Car Wash

9.49 miles

Moo Moo Car Wash

9.75 miles

Romeo's Pizza

0.19 miles

Dragon House

0.22 miles

Chipotle

0.22 miles

Bob Evans

0.44 miles

Taco Bell

0.53 miles

Subway

0.54 miles

Taqueria Caramba! Mexican Food

0.56 miles

Asahi Japanese Restaurant

0.56 miles

McDonald's

1.68 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

State Highway Patrol

0.42 miles

Walgreens

1.67 miles

Delaware City Fire Station 302

1.73 miles

Delaware Health Clinic

2.37 miles

Delaware County Police Department

2.44 miles

Delaware County Sheriff's Office Administration Building

2.61 miles

Grady Memorial Hospital

2.95 miles

CVS Pharmacy

3.65 miles

Kroger Pharmacy

3.92 miles

Contact Listing Broker
broker
PJ Williams

Passov Real Estate Group

  1. 1Main information
  2. 2Extra information
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