Columbus, OH 43240
MLS# 218007151
Status: Closed
52027 sqft
Property Description
GREAT INVESTMENT OPPORTUNITY! 100% 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 growing communities in the United States, and is anchored by 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 ~ $463,000 for year end 2017 and a purchase price of $6,500,000, this property generates an 7.12% CAP rate.
Listing Office: The Robert Weiler Company
Listing Agent: Todd Schiff
Last Updated: September - 04 - 2019
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