MLS® ID: 20180329141622123797000000
8740 Orion Place
Columbus, Ohio, 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.