8760 Orion Place
For sale $7,200,000
Estimated Monthly Payment: $44,004/mo 8760 Orion Place, Columbus, OH 43240 MLS# 218007151 Office Listing Status: Active
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 growingcommunities in the United States, and is anchored by the 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 ~ $593, 000 for year end 2017 and a purchase price of $7, 200, 000, this property generates an 8.24% cap rate and a cash on cash return in excess of 9.5%.
Courtesy of Todd E Schiff (614) 806-8633 The Robert Weiler Company (614) 221-4286
MLS Information deemed reliable but not guaranteed
Copyright: 2018 by Columbus and Central Ohio Regional MLS