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8740 Orion Place, Columbus, OH 43240

$6,200,000

  • For Sale
  • Active
  • Office
  • 51,977 Sq. Ft.
8740 Orion Place, Columbus, OH 43240View this property at 8740 Orion Place, Columbus, OH 43240
8740 Orion PlaceColumbusOH43240

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.

Full Property Detailsfor 8740 Orion Place

General

  • Price: $6,200,000
  • Taxes: (2017)
  • Status: Active
  • Type: Office
  • MLS ID: 218009434
  • Updated: 4/27/2018
  • Added: 58 day(s) ago

Parking

  • Total Spaces: 142

Location

  • County: Delaware
  • Township: None
  • Cross Streets: Ikea Way, Polaris Pkwy

Structural Information

  • Elevator(s ): 2
  • Floors Above Grnd: 3
  • Square Feet: 51,977
  • Minimum Avail: 51,977 Sq. Ft.
  • Year Built: 2000

Lot Features

  • Zoning: LC-4

Financial Considerations

  • For Sale: Yes
  • Tax Year: 2017

Disclosures and Reports

  • Property ID: 318-442-02-026-500

Listed by The Robert Weiler Company (614) 221-4286, Todd E Schiff (614) 806-8633

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Schools

Schoolsserving 8740 Orion Place

School District:Olentangy Local Schools
School Name
Grades
Distance
Walnut Creek Elementary School, Galena, OH
5600 Grand Oak Blvd, Galena, OH 43021
K-5
2.9 mi
Olentangy Berkshire Middle School
2869 South Three B's and K Road, Galena, OH 43021
6-8
5.6 mi
Olentangy Orange High School
2840 East Orange Road, Lewis, OH 43035
9-12
1.8 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 8740 Orion Place Get Price Alerts

Date
Details
Price
Change
Source
3/29/2018
Listed
$6,200,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 8740 Orion Place

Listed by The Robert Weiler Company (614) 221-4286, Todd E Schiff (614) 806-8633

8740 Orion Place, Columbus, OH 43240 (MLS# 218009434) is a Office property. 8740 Orion Place is currently listed for $6,200,000 and was received on March 29, 2018. Want to learn more about 8740 Orion Place? Do you have questions about finding other Office real estate for sale in Columbus? You can browse all Columbus real estate or contact a Coldwell Banker agent to request more information.