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    3000 Corporate Exchange Dr Columbus, OH 43231

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    3000 Corporate Exchange Dr Columbus, OH 43231


    • Office buildings
    • 161,281 SF
    • 11.81 lot acres
    Class A Office Sublease For Lease
    $24,295,000
    120,234 SF

    Class A Office Sublease

    120,234 SF Class A office space available for sublease.

    3000 Corporate Exchange Dr, Columbus, OH 43231
    View Listing
    Property ID
    US66-1931921
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Molina Healthcare of Ohio / Medical Clinic
    • Sheila Mukiawa-Spangler / Physician
    • Dr. Martin Portillo / Physician
    • Solomon Lomo / Physician
    • Shontae Howard / Physician

    Property Details for 3000 Corporate Exchange Dr

    Year built
    1999
    Lot size
    11.81 lot acres
    Property size
    161,281 SF
    Property type
    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $33,125,000
      6.5%
      $30,580,000
      7%
      $28,395,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $21,268,000
      Market price range: $8.85M - $24.1M
      AI Estimate
      $21,043,000
      Market price range: $7.43M - $30.6M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $20,510,000
      Current use
      RESTAURANT
      $36,780,000
      Change: +79% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $25,575,000
      Change: +25% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $23,380,000
      Change: +14% Conversion: Easy
      MEDICAL BUILDING
      $21,780,000
      Change: +6% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $17,430,000
      Change: -15% Conversion: Difficult
      RETAIL STORES
      $17,310,000
      Change: -16% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9407
    Latitude
    40.1023
    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
    View Listing
    More about this property
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