8740 Orion Place, Columbus, OH 43240

$4,950,000
Property Type: Office Square Footage: 51,977 Status: Closed
Current Price: $4,950,000 List Date: 7/17/2019 Last Modified: 1/25/2025

Description

OWNER/OCCUPANT POLARIS INVESTMENT! The old real estate adage LOCATION, LOCATION, LOCATION, has never been so true. This 52,000 sq. ft. class A office building is part of the Polaris Centers of Commerce, a 1,286-acre commercial planned development (CPD). Polaris continues to be one of the fastest growing communities in the United States. Only 15 miles north of the Columbus Central Business District, and minutes from the I - 270 Outerbelt, this location is second to none. The building is ~65% occupied which makes it a perfect match for an Owner/Occupant, or an investor looking for upside potential or to fill the back end of a 1031 Exchange.

Supplements: ********

More Information MLS# 218009434

Location Property Info

Original List Price: 6200000 Sold Price: $4,950,000 Property Sub Type: Office Street #: 8740 Street Name: Orion Street Suffix: Place County: Delaware State: OH Zip Code: 43240 Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2018-03-16

General Property Info

Total Available Sqft: 51977 Building Sqft: 51977 Max Cont Sqft Avail: 51977 Minimum Sqft Avail: 51977 # of Floors Above Gr: 3 # of Elevators: 2 Total Parking: 142 Year Built: 2000

Tax Info

Parcel #: 318-442-02-026-500 Zoning: LC-4 Mult Parcels/Sch Dis: No Tax Year: 2017 Tax Abatement: No

Status Change Info

Under Contract Date: 2019-07-15 Sold Date: 2019-12-06 Sold Price: $4,950,000 Sold Price/SqFt: 95.23

T Reimburses L

Curr Yr Est $/SF TRL: 8.25

Auction Info

Auction/Online BiddingY/N: No

Property Features

Addl Acceptance Cond: None Known Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Building Type: Multi Tenant MLS Primary PhotoSrc: Realtor Provided
Listing Office: The Robert Weiler Company
Listing Agent: Todd Schiff
Last Updated: January - 25 - 2025
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