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Current Inventory

The Rail

5839 Frantz Road, Columbus, OH, 43016
  • Agent(s):
    Kyle Hartung
  • Name:
    The Rail
  • Address:
    5839 Frantz Road, Columbus, OH, 43016
  • Total SF:
  • Lot Sizes:
    0.92 Acres
  • Option:
    For sale
  • Category:
    Investment Sales

» Full Offering Memorandum


For sale to qualified investors is the fee simple interest in The Rail restaurant located in Dublin, Ohio, a suburb of Columbus. The Rail has operated the location since its construction in 2018 and due to exceptional unit sales pays overage rent. The additional rent is not included in NOI for pricing calculations, however, its impact takes the 2023 projected cap rate to 6.24%. The newer building is modern and attractive and features a 4-year-old roof along with outdoor patio. The property is surrounded by other retail, office and distribution, and densely populated high-income neighborhoods of Dublin, one of the most desirable suburbs in the state. The market’s exceptional business and economic environment have led it to be one of the most sought-after areas in the Midwest. Recently, Intel announced their groundbreaking of a $20 billion state-of-the-art semiconductor plant generating over 3,000 full-time and 7,000 indirect jobs in the area. This is in addition to existing headquarters for Nationwide, Honda North America, L Brands (Victoria’s Secret, Bath & Body works, etc.), Huntington Bancshares, JP Morgan’s 20,000+ local employees, and The Ohio State University. Investment in this asset will offer the buyer a rare opportunity to own a hands-off lease in this high demand marketplace.


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