8760 Orion Place
Spaces
Office | 3 spaces available | 4,427 SqFt - 52,310 SqFt
Building description
Introducing a prime investment opportunity in the Columbus area: a modern 52,310 SF office building built in 2000. This meticulously maintained property offers an ideal space for businesses seeking an impressive and adaptable office environment. With a strategic location in the vibrant Columbus area, the building presents an attractive prospect for investors looking to capitalize on the city's flourishing commercial real estate market. Embrace the chance to own a sought-after property with potential for growth and success, perfectly positioned to meet the needs of today's forward-thinking businesses.
8760 Orion Place sits within the Polaris sub-market, one of Central Ohio's most established and resilient commercial corridors. Anchored by Polaris Fashion Place and surrounded by a dense concentration of Class A retail, national hotel brands, and some of Columbus's highest-grossing restaurant concepts. Polaris has consistently maintained some of the strongest office absorption rates in the metro. The sub-market draws from an affluent residential base with average household incomes exceeding $129,000 within three miles, making it a premier destination for businesses that want to recruit and retain top talent.
From a broader perspective, Columbus continues to outperform many peer metros in population growth, employment diversification, and commercial real estate fundamentals. The metro has attracted significant capital investment across multiple sectors, reinforcing long-term demand for well-located office product. For an owner-user, 8760 Orion Place is an opportunity to plant a flag in one of Columbus's most recognized business addresses while building equity in a market with strong underlying demand drivers.
Building highlights
- Significant Polaris land position - +/-5.07 acres in one of Columbus's tightest submarkets provides a land value floor that leasing never offers.
- Excellent freeway connectivity - convenient access to two nearby interchanges, providing strong regional reach and easy commuting.
- Natural setting with privacy - the property backs to a scenic creek and wooded ravine, creating a unique, peaceful backdrop.
- Prime Polaris submarket location - surrounded by top-tier retail, dining, and amenities within one of Central Ohio's most active corridors.
- Competitive operating expenses - currently estimated at approximately $8.94 per square foot.
- Well below replacement cost at approximately $109/SF, significant value relative to new Class B office construction in the Polaris submarket.
- Owner-user income opportunity- occupy one floor, lease the remaining two at $11.95/SF NNN to offset carrying costs from day one.
- Aerial Video: https://vimeo.com/1195720761/28937a6b50
Listing Contacts
Map
Property History
Similar Properties
Is there information that looks off?
