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Property profile & analytics
FOR LEASE
Office buildings
2600 Corporate Exchange Dr, Columbus, OH 43231
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-1808664
For Lease
1 / 25
$17 SF/Yr
2600 Corporate Exchange Dr, Columbus, OH 43231
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Property summary
AI-generated overview
Corporate Exchange II, located at 2600 Corporate Exchange Dr, Columbus, OH 43231, offers exceptional Class A office space for lease. This traditional office building boasts a total of 12,133 square feet, with multiple suites available. Currently, 8,451 square feet are vacant, offering flexible options for businesses seeking space ranging from a minimum of 1,725 square feet to a maximum contiguous space of 4,603 square feet. The building features a total of four suites, providing a range of sizes to accommodate various business needs. Ample parking is available, with a surface lot providing 4 spaces per 1,000 square feet of building space and a covered garage offering 1 space per 3,000 square feet. This prime Columbus location provides easy access to major transportation routes and amenities, making it an ideal location for businesses of all sizes. The building's modern design and efficient layout create a productive and comfortable work environment. Interested parties are encouraged to inquire about available space and lease terms. This is a fantastic opportunity to secure high-quality office space in a desirable Columbus location. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1983
Total area
109,053 SF
Lot
5.78 ac (251,733 SF)
APN
600-192086
UPID
US66-1808664
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Professional Financial Services Loan Service
-
Turkey Hill Minit Market Headquarters Gas Station
-
Ohio Children's Alliance Charitable Organization Social Service Agency
-
FedEx Drop Box Postal Service Courier Service
-
Heinzerling Law Offices Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.14M
Blend (final)
Blend
$11.92M
Owner & transaction history
2600 Corporate Exchange LLC · 4 yrs held
2600 Corporate Exchange LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$17.3M
+24.7%
Apartment house (5+ units)
$15.8M
+14.0%
Medical building
$14.7M
+6.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$13,870,000
Current use
AUTO REPAIR, GARAGE
$17,295,000
Change: +25% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$15,810,000
Change: +14% · Conversion: Easy
MEDICAL BUILDING
$14,725,000
Change: +6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$11,785,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$11,705,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$11.92M
Range $10.72M – $13.11M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$109 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$240,964
Tax year 2023
Assessed value
$3,470,220
Assessed 2023
Previous assessed
$3,470,220
+0.0% YoY
Effective rate
6.94%
On assessed value
Assessed land
$316,750
Assessed improvement
$3,153,470
Land market value
$905,000
Improvement market value
$9,009,900
Total market value
$9,914,900
Applied tax rate
600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1983
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
109,053 SF
Lot
5.78 ac (251,733 SF)
APN
600-192086
UPID
US66-1808664
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$13.9M
AUTO REPAIR, GARAGE
Est. value
$17.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.8M
MEDICAL BUILDING
Est. value
$14.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.8M
RETAIL STORES
Est. value
$11.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
YES
Cooling
Yes
Stories
3
Buildings
1
Lot
5.78 ac
Current owner
From public records · entity-resolved
2600 Corporate Exchange LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5605 GRANGER RD #100, CLEVELAND, OH 44131-1213
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2022
—
2600 Corporate Exchange LLC
—
Deed
related
$8,752,500 · First National Bank Of Pennsylvania
Feb 24, 2022
—
2600 Corporate Exchange LLC
Corporate Exchange Columbus LLC
Limited Warranty Deed
—
Aug 20, 2021
$5,010,000
Corporate Exchange Columbus LLC
Is Can Ohio V LP
Limited Warranty Deed
$3,000,000 · Tvii Corp
Apr 14, 2021
—
Is Can Ohio V LP
—
Deed
related
$12,350,000 · Continental Casualty Company
Jan 31, 2018
—
Is-can Ohio V LP
—
Grant Deed
related
$24,700,000 · Miscellaneous Ins Co
Oct 28, 2015
—
Is Can Ohio V Lllp
Is Can Ohio LP
Quit Claim Deed
related
—
Nov 6, 2012
$25,100,000
Is-can Ohio LP
Eastrich No 167 LLC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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