Airport Corridor 1031 Exchange Services

The Airport Corridor area surrounding John Glenn Columbus International Airport and Rickenbacker International Airport represents a strategic industrial and logistics hub for 1031 exchange investors. This corridor benefits from direct airport access, major highway interchanges, and proximity to Columbus, OH distribution networks. Investors completing exchanges in Columbus, OH often target this area for industrial warehouse, distribution center, and flex space replacement properties. The corridor's infrastructure supports logistics operations, with properties featuring high dock door counts, clear height specifications, and truck access capabilities. We provide nationwide property identification support to help investors locate qualifying replacement properties within the 45-day identification window, whether within the Airport Corridor or across other markets. The area's industrial real estate market offers opportunities for investors seeking stabilized income properties with strong tenant credit profiles and long-term lease structures.

Popular Exchange Paths

1. Industrial

The Airport Corridor's proximity to major transportation infrastructure makes industrial properties highly sought after for 1031 exchanges. Investors from Columbus, OH and nationwide target warehouse and distribution facilities in this area due to their logistics advantages and strong tenant demand. These properties typically feature high dock door ratios and clear height specifications that appeal to distribution and manufacturing tenants.

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2. Industrial Property Identification

Industrial property identification services help investors locate warehouse, distribution, and flex space assets that qualify for 1031 exchange replacement. Our nationwide search capabilities focus on properties with logistics advantages, dock door configurations, and tenant credit profiles suitable for exchange transactions. We coordinate identification within the 45-day window and ensure properties meet IRS like-kind requirements.

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3. Flex

Flex properties in the Airport Corridor offer investors a combination of office and warehouse space that appeals to diverse tenant bases. These properties provide flexibility for tenants requiring both administrative and storage functions, making them attractive replacement properties for investors completing exchanges. The area's accessibility and infrastructure support strong occupancy rates for flex space assets.

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4. Replacement Property Identification

Replacement property identification services provide investors with nationwide property search capabilities and identification letter preparation within the strict 45-day window. We help investors locate qualifying like-kind properties whether within the Airport Corridor or across other markets, ensuring compliance with IRS regulations and coordinating with Qualified Intermediaries to meet exchange deadlines.

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5. Land

Land parcels in the Airport Corridor area offer development opportunities for investors seeking build-to-suit replacement properties. These parcels benefit from infrastructure access and zoning that supports industrial development, making them suitable for improvement exchanges where investors can construct qualifying replacement properties within the 180-day closing requirement.

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6. Improvement Exchange Planning

Improvement exchange planning services help investors structure build-to-suit transactions where replacement properties are constructed on identified land parcels. This approach allows investors to customize replacement properties to meet specific operational requirements while maintaining compliance with IRS like-kind standards and qualified escrow requirements.

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Frequently Asked Questions

What types of properties qualify for 1031 exchange replacement in the Airport Corridor, OH?

Properties in the Airport Corridor, OH qualify for 1031 exchange replacement if they are held for investment or productive use in a trade or business and meet IRS like-kind requirements. Common replacement properties include industrial warehouses, distribution centers, flex buildings, and other commercial real estate. The property must be real property held for investment purposes, and both the relinquished and replacement properties must meet like-kind standards regardless of their specific location.

How does the 45-day identification deadline work for Airport Corridor, OH exchanges?

Investors completing exchanges involving properties in the Airport Corridor, OH have 45 days from the sale of the relinquished property to identify potential replacement properties. This identification must be in writing and delivered to the Qualified Intermediary before the deadline expires. We provide nationwide property identification support to help investors locate qualifying replacement properties within this strict timeline, whether within the Airport Corridor or across other markets.

Can I identify properties outside the Airport Corridor, OH for my exchange?

Yes, investors completing exchanges involving properties in the Airport Corridor, OH can identify replacement properties anywhere in the United States. Like-kind real property rules apply nationwide, allowing flexibility in property location while maintaining tax deferral benefits. We provide nationwide property search and identification support to help investors locate qualifying replacement properties regardless of geographic location.

What due diligence should I perform on Airport Corridor, OH replacement properties?

Due diligence for replacement properties in the Airport Corridor, OH should include property condition assessment, tenant credit and lease analysis, market comparables review, infrastructure and access verification, compliance with local zoning and building codes, and verification of property specifications such as dock door counts and clear heights. We coordinate these reviews within the exchange timeline constraints to ensure properties meet investment criteria while maintaining compliance with IRS deadlines.

Example Engagement

Example of the type of engagement we can handle

Situation:

Investor selling a commercial property in Columbus, OH seeks to identify industrial replacement properties in the Airport Corridor area with specific logistics requirements and strong tenant credit profiles

Our Approach:

We conducted a nationwide search focusing on industrial properties in the Airport Corridor and other markets, analyzed property specifications including dock door configurations and clear heights, reviewed tenant credit and lease structures, and prepared identification letters for qualifying properties

Expected Outcome:

Client identified three industrial properties meeting logistics and investment criteria, with all due diligence completed and identification documentation submitted before the 45-day deadline

Educational content only. Not tax, legal, or investment advice. Consult a qualified intermediary and tax advisor before making decisions.

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