Overview
Year Built 2000
MLS#218009434
Listing courtesy of...The Robert Weiler Company
  
Additional Details
Price per Square Ft.$119
  
Numof Docks 0.00
Acreage 0.00
Agent I D 20131118220025066001000000
City Mailing Addr Columbus
County Delaware
Days On Market 105
Displayon Public Websites Y
For Lease No
For Sale Yes
Internal Listing I D 20180329141622123797000000
List Date 2018-03-16
List Price 6200000
List Price Sq Ft 119.28
Listing I D 218009434
Listing Member Email tschiff@rweiler.com
Listing Office Name The Robert Weiler Company
Max Cont Sqft Avail 51977.00
Minimum Sqft Avail 51977.00
Office I D 20131118193609218577000000
Picture Count 18
Property Description GREAT INVESTMENT OPPORTUNITY!67.5% occupied three-story office building located immediately east of I-71 and is part of the Polaris Centers of Commerce, a 1,286-acre commercial planned development (CPD). Polaris is one of the fastest growingcommunities in the United States, and is anchored by the Polaris Fashion Place-the largest regional mall in Central Ohio. It sits only 15 miles north of the Columbus Central Business District. Perfect for the back end of a 1031 Exchange, or an investment in an area that continues to grow in population and value. With a NOI of ~ $360,000 for year end 2017 and a purchase price of $6,200,000, this property currently generates an 5.80% CAP rate.
Property Type D
Services Available Electric,Gas,Sanitary Sewer,Storm Sewer,Water
State OH
Status Active
Street Num 8740
Street Name Orion
Street Suffix Place
Sub_ Type Office
Tax District 45
Total Parking 142.00
Year Built 2000
Zip Code 43240
GO BACK

More about this property

By sending a request you agree to our 
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

8740 Orion Place
Columbus OH 43240

$6,200,000

GREAT INVESTMENT OPPORTUNITY!67.5% occupied three-story office building located immediately east of I-71 and is part of the Polaris Centers of Commerce, a 1,286-acre commercial planned development (CPD). Polaris is one of the fastest growingcommunities in the United States, and is anchored by the Polaris Fashion Place-the largest regional mall in Central Ohio. It sits only 15 miles north of the Columbus Central Business District. Perfect for the back end of a 1031 Exchange, or an investment in an area that continues to grow in population and value. With a NOI of ~ $360,000 for year end 2017 and a purchase price of $6,200,000, this property currently generates an 5.80% CAP rate.



The data relating to real estate for sale on this web site comes from the Internet Data Exchange™ Program of the MLS. Real estate listings held by brokerage firms are marked with the Internet Data Exchange™ logo and detailed information about them includes the name of the listing firms. Copyright 2024. All rights reserved. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. ***** Information deemed reliable but not guaranteed ***** This site is updated regularly.