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Property profile & analytics
FOR LEASE
Office buildings

7400 W Campus Rd New Albany, OH 43054

211,795 SF 22.67 ac lot Built 1998
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-6084636
Property summary
AI-generated overview

This exceptional Class B office building, located in the desirable Gahanna/New Albany submarket of Franklin County, offers a prime opportunity for businesses seeking flexible and modern workspace. Built in 1998, the single, three-story building boasts a total of 206,894 square feet, with 92,807 square feet currently available for lease. Multiple tenancy options are available, ranging from a minimum of 3,629 square feet to a maximum contiguous space of 43,398 square feet; larger suites of 30,000 square feet and up are also available. The property features a striking two-story atrium lobby, excellent signage potential, and a modern aesthetic. Functionality is enhanced by large, efficient floor plates allowing for versatile layout configurations, redundant power from two different substations with an auto transfer switch, and a convenient loading dock. Ample parking is provided with a generous 6.0/1,000 RSF ratio, and key card access ensures security. The building's location offers easy access to a variety of amenities, including numerous restaurants, hotels, banking institutions, and shopping venues. This is a distinguished property with unmistakable presence, size, and curb appeal, making it an ideal location for businesses seeking a high-quality, well-located office space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Total area 211,795 SF
Lot 22.67 ac (987,636 SF)
APN 222-002061
UPID US66-6084636
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
  • Aetna Insurance Agency
  • Dr. Calvin E. Warren Jr, MD Physician
  • ATM Atm
  • American Health Holding Inc. Consultant
  • Berlin Packaging Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.62M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.55M
Owner & transaction history
New Albany Business Park LLC · 2 yrs held
New Albany Business Park LLC
since 2023
Last sale
$7.9M
6 recorded transactions
2023
Price N/A
2023
$7.9M
2018
Price N/A
2007
$27.3M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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