For Sale
$6,750,000

1080 Polaris PkwyColumbus, OH 43240

Class A Office, 100% Occupied, Columbus

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A office building, located at 1080 Polaris Parkway in Columbus, Ohio, presents a compelling investment opportunity. The 20,505 square foot property sits on a 1.94-acre lot and boasts a 6.88% cap rate with a Net Operating Income (NOI) of $464,283. Currently 100% occupied by a diverse tenant mix including a surgery center and two dental practices, this multi-tenant building offers excellent stability and potential for future growth. Built in 1999, the two-story structure features 121 parking spaces, ensuring ample convenience for tenants and visitors. Its prime location offers high visibility along Polaris Parkway, with easy access to major thoroughfares like I-71, I-270, and SR 23, and proximity to the Polaris Fashion Mall and other area amenities. The property is zoned LC2 and features all suites renovated within the last five years. This owner/user investment opportunity is ideal for those seeking a high-performing asset in a thriving Columbus submarket. The asking price is $6,750,000. The property's APN is 318-433-01-002-001. This is a turnkey investment with strong cash flow and significant upside potential.

Highlights

  • Class A medical office building.
  • High-visibility location on Polaris Parkway.
  • Abundant on-site parking.
  • Fully occupied.
  • Convenient access to I-71, I-270, and SR 23.
  • All suites renovated within the last five years.

Property Details for 1080 Polaris Pkwy

Property type
Office properties, Medical offices
Square Feet
20,505 SF
Class
A
Year Built
1999
Buildings
1
Stories
2
Lot Size (sq. ft)
84,506 SF

Location Insight

City
Columbus
County
Delaware
State
Ohio
Latitude
40.145340960174
Longitude
-82.99036416294
1080 Polaris Pkwy, Columbus, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1080 Polaris Pkwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message