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NNN Restaurant Lease Investment
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5839 Frantz Rd, Dublin, OH 43016

For sale NNN retail restaurant property with a 10-year lease, presented with projected cap rates in public remarks.

Property SizeContact for details
Days on Market148

Property Features for 5839 Frantz Rd

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 6.8%
Listing Agency: Alterra Real Estate Advisors
Listed By: Richard Smith · License #OH 334393
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 7:16AM

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 Alterra Real Estate Advisors

Investment Insights

Based on property information with market context.

This NNN retail restaurant property is being offered for sale and is described in the public remarks as operating under a 10-year lease structure. The asset is categorized as a conventional restaurant and specialty NNN property.

The property is located at 5839 Frantz Rd in Dublin, Ohio. Public remarks also cite a projected cap rate range of 5.2% to 6.8% on an NNN basis, reflecting the terms presented with the offering.

Key Highlights

  • NNN retail restaurant property for sale in Columbus, Ohio
  • 10‑year lease in place
  • Projected cap rates cited at 5.2% to 6.8%

Property Analytics

Current Use

The Rail - Dublin Restaurant

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Auto Repair Shop Big Box & Wholesale Store Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,071
Businesses Nearby
141k
Monthly Visits Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - For sale NNN retail restaurant property with a 10-year lease, presented with projected cap rates in public remarks.
Where is this nnn property located?
The property is located at 5839 Frantz Rd Dublin, OH.
What are key features of this property?
This property features: NNN retail restaurant property for sale in Columbus, Ohio; 10‑year lease in place; Projected cap rates cited at 5.2% to 6.8%
(614) 545-2157 Call to check price and availability
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