Single-Tenant Retail NNN
For Sale
Contact for pricing
Pending
5805 Frantz Rd, Dublin, OH 43016
New 4,096 SF LensCrafters prototype building offered via fee simple interest under a corporate triple-net lease.
Property Size4,096 SF
Days on Market149
Property Features for 5805 Frantz Rd
General Information
Standard status
Pending
Size
4,096 SF
Property subtype
Retail
Building Details
Year Built
2023
Tenancy
Single
Listing Agency:
Goodman Real Estate Services Group LLC
Listed By:
Kyle Hartung · License #OH SAL.2003016343
(216) 381-8200
Source:
Crexi
Added: Apr 11
Changed: Aug 21
Last Checked: Sep 4 at 10:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Goodman Real Estate Services Group LLC
Investment Insights
Based on property information with market context.
For sale is the fee simple interest in a corporate lease with Luxottica of America, Inc. for a brand new 4,096 square foot retail building. The property is dedicated to operation of a LensCrafters store and opened for business in March 2023. The lease is triple-net including roof and structure and features a 10-year firm term with 10% increases every five years.
The surrounding area includes other retail, office, and distribution, as well as densely populated high-income neighborhoods. The tenant leasehold is positioned within an established Columbus, Ohio market.
This offering provides ownership of a single-tenant NNN retail asset under a corporate signature lease with Luxottica of America, Inc.
The surrounding area includes other retail, office, and distribution, as well as densely populated high-income neighborhoods. The tenant leasehold is positioned within an established Columbus, Ohio market.
This offering provides ownership of a single-tenant NNN retail asset under a corporate signature lease with Luxottica of America, Inc.
Key Highlights
- 4,096 SF brand‑new LensCrafters prototype building opened March 2023
- Offered as fee simple interest in a corporate lease with Luxottica of America, Inc.
- 10‑year firm lease term with 10% increases every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,071
Businesses Nearby
141k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Apparel 25%
Shops & Services 24%
Electronics 4%
JCPenney
Apparel
29,777 visits/mo
0.5 miles
Wendy's
Dining
15,193 visits/mo
0.4 miles
United Dairy Farmers
Shops & Services
14,265 visits/mo
0.4 miles
BP
Shops & Services
12,467 visits/mo
0.5 miles
Starbucks
Dining
11,632 visits/mo
0.3 miles
Demographics for 43016, OH
44,517
Population
19,919
Households
2.2
Avg Household Size
36
Median Age
69%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
2,343
Density / Sq Mi
$110,518
Median Household Income
$69,917
Median Earnings
$1,530
Median Rent
$413,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - New 4,096 SF LensCrafters prototype building offered via fee simple interest under a corporate triple-net lease.
Where is this storefront property located?
The property is located at 5805 Frantz Rd Dublin, OH.
What are key features of this property?
This property features: 4,096 SF brand‑new LensCrafters prototype building opened March 2023; Offered as fee simple interest in a corporate lease with Luxottica of America, Inc.; 10‑year firm lease term with 10% increases every 5 years
