STEMFlex® at 1401 & 1425 Mount Vernon Road offers move-in-ready, flexible office/production space, supporting small business needs in an advantageous manufacturing corridor. This forward-thinking development totals 23,730 square feet across two buildings, providing a marriage of flex and industrial space for a STEM-skilled workforce. Each property is newly renovated, featuring drive-in doors, ample parking, and light-industrial zoning, and is fully served with industrial utilities. STEMFlex® is an ideal site for a variety of manufacturing and related enterprises, from biotech and lab users to computer science companies and engineering firms, among the few. Tenants will benefit from ownership's secured pre-approval for a 10-year/75% tax exemption on building improvements starting in 2025.
Strategically located in the middle of the largest manufacturing corridor in Central Ohio, STEMFlex® in Newark is incredibly accessible, close to driving manufacturing projects, and surrounded by strong demographics.
Positioned along Mount Vernon Road, the site seamlessly connects to significant area thoroughfares, including Interstate 70, State Route 161, and Highway 41. Intel Ohio One site, a new semiconductor foundry that is underway, is located within 30 minutes. Intel plans to invest $28 billion in the project and employ 3,000 workers. The property is also among Ohio's largest concentration of cleanroom space, further supporting this Licking County location as a STEM-centered destination.