3000 Corporate Exchange DrColumbus, OH 43231

  • Office properties
  • 161,281 SF
For Lease

Property Details for 3000 Corporate Exchange Dr

Year built
1999
Lot size
11.81 AC
Property size (Sq ft)
161,281 SF
Property type
Office properties
Property subtype
Office buildings
APN
600-122680
APU
600122680

Description

This exceptional Class A office sublease opportunity is located in the prestigious Corporate Exchange Office Park in Franklin County. The property boasts a total of 161,598 square feet across a single, six-story building constructed in 1998. Seven individual suites are available, with a maximum contiguous space of 120,234 square feet, allowing for flexibility to accommodate businesses of various sizes. Full and partial floors are available for sublease through June 2038. The building offers ample parking with 814 spaces and convenient access via elevators. Security features include access-controlled entrances for both the building and individual tenant spaces. The property enjoys excellent visibility and accessibility, situated near the I-270 and I-71 interchange, providing easy commutes for employees. Furthermore, its location offers numerous nearby amenities, including dining, retail, and hospitality options, and is conveniently located along a COTA bus line. Building and monument signage opportunities are available for enhanced brand visibility. The asking rate is negotiable. This prime location and flexible lease terms make this an unparalleled opportunity for businesses seeking high-quality office space in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $32,228,388
    6.5%
    $29,749,282
    7%
    $27,624,334
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,086,225
    Geo Method
    $15,086,225
  • Alternative Use

    Use
    Valuation
    Residential
    $36,889,108
    Hospitality
    $33,790,228
    Educational
    $28,113,072
    Medical
    $29,079,924
    Retail
    $43,731,444
3000 Corporate Exchange Dr, Columbus, Ohio

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
40.1023
Longitude
-82.9407
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$390,045
$648,410
$4,968,780
$5,617,190
-
$1,852,600
$14,196,500
$16,049,100

FAQs

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