7400 Campus RdNew Albany, OH 43054

Property Details for 7400 Campus Rd

Year built

1998

Lot size

22.67 AC

Property size (Sq ft)

211,795 SF

Property type

Office properties

Property subtype

Office buildings

APN

222-002061

APU

222002061

Description

This exceptional Class B office building, located in the desirable Gahanna/New Albany submarket of Franklin County, offers a prime opportunity for businesses seeking flexible and modern workspace. Built in 1998, the single, three-story building boasts a total of 206,894 square feet, with 92,807 square feet currently available for lease. Multiple tenancy options are available, ranging from a minimum of 3,629 square feet to a maximum contiguous space of 43,398 square feet; larger suites of 30,000 square feet and up are also available. The property features a striking two-story atrium lobby, excellent signage potential, and a modern aesthetic. Functionality is enhanced by large, efficient floor plates allowing for versatile layout configurations, redundant power from two different substations with an auto transfer switch, and a convenient loading dock. Ample parking is provided with a generous 6.0/1,000 RSF ratio, and key card access ensures security. The building's location offers easy access to a variety of amenities, including numerous restaurants, hotels, banking institutions, and shopping venues. This is a distinguished property with unmistakable presence, size, and curb appeal, making it an ideal location for businesses seeking a high-quality, well-located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $40,278,564

  6.5%

  $37,180,216

  7%

  $34,524,484

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,811,304

  Geo Method

  $19,811,304

• Alternative Use

  Use

  Valuation

  Residential

  $46,103,464

  Hospitality

  $42,230,528

  Educational

  $35,135,304

  Medical

  $36,343,660

  Retail

  $54,654,916

Location Insight

City

New Albany

County

Franklin

State

Ohio

Latitude

40.1065

Longitude

-82.8192

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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