One of Columbus’s most visible stretches of commercial real estate is officially up for grabs, and it sits right next door to the city’s biggest sports and events magnet.
A roughly 13-acre cluster of properties along North National Road, directly bordering NexusPark, has been listed for sale as a single redevelopment site. The assemblage currently includes auto dealerships, office suites and big surface parking lots, and is being pitched as a unified parcel that could support hotels, restaurants, medical offices or a broader mixed-use project.
Listing, broker and deadline
Breeden Commercial is marketing the property as a 13±-acre redevelopment opportunity immediately adjacent to NexusPark. According to LoopNet, the listing for 3020 N. National Road includes a 32,092-square-foot building with CR (Commercial: Regional) zoning. The broker page on Showcase describes the site as 13 acres and sets “Best and Final offers by April 15, 2026.”
Owner's plans and city response
P4 Holdings LLC, which bought the site in 2022, says a sale is on the table in part to help finance construction of a new auto mall. CEO Leo Portaluppi told local reporters that “the company will not move forward with a sale if the use does not benefit Columbus,” signaling that the seller is looking for more than just the highest bidder.
City officials, meanwhile, are not planning to acquire the entire property, though they have explored buying a portion of the site to add another entrance to NexusPark that would connect to U.S. 31. As reported by The Republic, Planning Director Jeff Bergman said his office had not received any development applications for the property as of Tuesday morning.
Why NexusPark matters
NexusPark and the Circle K Fieldhouse have quickly grown into a regional sports and events hub, drawing tournament traffic that fills Columbus hotels on many weekends. Those events bring in out-of-town teams and families, which in turn push weekend hotel occupancy and fuel demand for nearby food, entertainment and services.
The fieldhouse site and the NexusPark campus directory spotlight partner hotels and visitor services that help make the National Road corridor particularly attractive to hospitality and restaurant developers, according to Circle K Fieldhouse.
Event traffic drives development interest
Developers do not have to guess about the kind of traffic the complex can draw. As reported by The Republic, a recent Folkstyle Wrestling tournament at the fieldhouse brought in roughly 10,400 unique visitors over two days. Using a Destinations International estimate, officials calculated that the event generated about $1,368,841 in local spending and required an estimated 2,262 hotel room nights.
Those sharp weekend spikes in visitors are central to the pitch brokers are making for hospitality, retail and related uses on the site, which sits on a busy National Road commercial corridor.
What comes next
According to Showcase, Breeden Commercial is fielding inquiries now and expects best-and-final offers by April 15, 2026, giving would-be buyers a relatively tight window to line up partners and financing.
With the land pressed up against a high-traffic sports campus and fronting a major retail corridor, the local development community will be watching closely to see whether a hotel flag, a restaurant-heavy plan or a deeper-pocketed institutional investor ultimately wins the deal.
