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Bldg 2 8740 Orion Pl 54,188 SF 100% Leased 4-Star Office Building Columbus, OH 43240 $8,695,000 ($160.46/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% Leased Class A, three story multi-tenant office building. Recently remodeled Common areas and restrooms.
  • High quality tenant base with a 44-month WALT and increases in place.
  • New HVAC system with UV air buffer and Solar Panels.
  • Outstanding Highway connectivity with easy access to I-71 and 270.

EXECUTIVE SUMMARY

100% leased 57,597 SF office building in one of the top mixed use developments in Columbus, Ohio, one of the fastest growing cities in the the country. Recent improvements including new HVAC units make this a low maintenance stable investment for investors with upside through annual rent increases. The building's modern design and well-maintained facilities create an attractive and professional environment for tenants, while its ample floor space provides versatility for various business needs. The property's strategic location and high occupancy make it a secure and promising asset for office building investors looking to capitalize on the thriving commercial real estate market in Columbus.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
54,188 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2000
Price
$8,695,000
Price Per SF
$160.46
Cap Rate
8%
NOI
$695,600
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
17,358 SF
Slab To Slab
10’
Building FAR
0.38
Lot Size
3.31 AC
Zoning
LC4; City of Columbus - Light Commercial
Parking
114 Spaces (2.73 Spaces per 1,000 SF Leased)

AMENITIES

  • Kitchen
  • Reception
  • Balcony

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Services
  • -
  • -
  • -
  • Dec 2025

The American Federation of State, County and Municipal Employees was founded in 1932 and is a nonprofit labor union part of the AFL–CIO. AFSCME represents public-sector workers—such as healthcare, sanitation, corrections, and childcare—across local, state, and federal governments. Headquartered in Washington, DC, it operates nationally through thousands of local chapters and councils. Governed by President Lee Saunders and Secretary-Treasurer Elissa McBride, the organization engages in collective bargaining, legislative advocacy, public education, and policy initiatives. It publishes press releases on worker victories, supports student loan relief, and defends civil service protections. Growing membership trends continue due to active organizing and union drives. AFSCME files testimony with Congress and federal agencies to promote worker rights and improved services.

  • Barge Marketing
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -
  • Services
  • -
  • $11.95
  • Single Net
  • Apr 2027

For over 60 years, CareFactor has provided administration and consultation for employee benefit plans. The CareFactor team uses flexible plan designs, sophisticated analytics, and industry leading prescription management partners to bring the maximum value to members and clients. CareFactor is a privately held company, located in Columbus, Ohio; the headquarters are home to the Member Care Team. This group of professionals is trained to provide answers and assistance by phone or email.

  • Digifone
  • Information
  • -
  • -
  • -
  • -
  • Construction
  • -
  • -
  • -
  • -

Established in 1935, Cincinnati-based Dugan & Meyers Construction Co. has completed quality projects with integrity and professionalism for more than 80 years. Their reputation as a firm of professional constructors is further enhanced by pride in workmanship and excellence in every project. With offices in Cincinnati and Columbus, Ohio and Louisville, Kentucky, Dugan & Meyers focuses their talents and experience within a 100-mile radius of each office.

  • Health Care and Social Assistance
  • -
  • -
  • -
  • -

Fresenius Medical Care is a leading global healthcare company specializing in dialysis products and services for individuals with chronic kidney disease. It manufactures dialysis machines, dialyzers, and related disposables, while also managing outpatient dialysis clinics and offering home dialysis solutions. Its North American division, headquartered in Waltham, Massachusetts, accounts for a significant portion of global operations and includes Fresenius Kidney Care clinics and related services.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

Gallagher Kavinsky & Burkhart LPA was established by Terence L. Gallagher on August 29, 1995. Prior to founding the firm, Terry practiced law as a partner at Day, Cook & Gallagher, L.P.A. Keith A. Kavinsky, Terry's partner, has been with the firm since its inception. Keith also formerly practiced with Day, Cook & Gallagher, L.P.A.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • Triple Net
  • -

At MAXtech Agency, their team of experienced IT professionals is dedicated to providing cutting-edge solutions for businesses of all sizes. With expertise in managed IT services, cybersecurity, cloud solutions, and network management, they help organizations navigate the complexities of technology with ease. Whether you’re facing security threats, system downtime, or the need for scalable IT infrastructure, their experts are here to deliver reliable, tailored solutions that keep your business running smoothly. They don’t just fix problems—they anticipate challenges and implement proactive strategies to keep your technology secure and efficient.

  • Health Care and Social Assistance
  • -
  • -
  • -
  • Nov 2022

Their mission is to help improve their patient's swallowing, communication, and daily living skills in order to maximize his or her quality of life. Welcome to Specialized Speech Technologies, Inc.! The SST team of pediatric specialists includes Speech, Occupational, and Physical therapists working closely together to create comprehensive assessments and individualized treatment plans. Their dedicated team strives to serve children and their families to the highest degree of excellence, while still providing a personal touch along with quality care.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Services - - - Dec 2025
Barge Marketing Professional, Scientific, and Technical Services - - - -
Services - $11.95 Single Net Apr 2027
Digifone Information - - - -
Construction - - - -
Health Care and Social Assistance - - - -
Professional, Scientific, and Technical Services - - - -
Professional, Scientific, and Technical Services - - Triple Net -
Health Care and Social Assistance - - - Nov 2022

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 240
  • 4,884 SF
  • Office
  • -
  • Now

3 story professional multi-tenant office property Outstanding Polaris location off of Polaris Parkway; quick access to two I-71 interchanges and Polaris Fashion Place Abundance of hotels, amenities such as Top Golf and services in the area Property located along a creek and wooded ravine Multiple fiber optic providers for fast inexpensive internet options Office suites available immediately Building signage available Updated HVAC with ionization, Solar, LED Lights

  • 2nd Fl-Ste Executive Suites
  • 120-4,884 SF
  • Office
  • -
  • 30 Days

Lease Rate: $695 - $1,695 / month Professional multi-tenant office property with executive suite on the 2nd floor. Well located in Polaris with many close restaurants, retail and service options as well as easy access to I-71 and I-270. 24/7 access, passenger elevator, plentiful parking. Free use of conference room, reception area. Complimentary coffee and tea Quality desks and office furniture may be available . Professionally managed property. Basic Internet

Space Size Space Use Condition Available
2nd Fl-Ste 240 4,884 SF Office - Now
2nd Fl-Ste Executive Suites 120-4,884 SF Office - 30 Days

2nd Fl-Ste 240

Size
4,884 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste Executive Suites

Size
120-4,884 SF
Space Use
Office
Condition
-
Available
30 Days

2nd Fl-Ste 240

Size 4,884 SF
Space Use Office
Condition -
Available Now

3 story professional multi-tenant office property Outstanding Polaris location off of Polaris Parkway; quick access to two I-71 interchanges and Polaris Fashion Place Abundance of hotels, amenities such as Top Golf and services in the area Property located along a creek and wooded ravine Multiple fiber optic providers for fast inexpensive internet options Office suites available immediately Building signage available Updated HVAC with ionization, Solar, LED Lights

2nd Fl-Ste Executive Suites

Size 120-4,884 SF
Space Use Office
Condition -
Available 30 Days

Lease Rate: $695 - $1,695 / month Professional multi-tenant office property with executive suite on the 2nd floor. Well located in Polaris with many close restaurants, retail and service options as well as easy access to I-71 and I-270. 24/7 access, passenger elevator, plentiful parking. Free use of conference room, reception area. Complimentary coffee and tea Quality desks and office furniture may be available . Professionally managed property. Basic Internet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
318-442-02-026-501
Land Assessment
$318,500
Improvements Assessment
$1,151,500
Total Assessment
$1,470,000
  • Listing ID: 37169726

  • Date on Market: 8/7/2025

  • Last Updated:

  • Address: 8740 Orion Pl, Columbus, OH 43240

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