Solid Ground LLC Sells Retail Property Occupied By Texas Roadhouse In Columbus For $3.2M
5870 Carnaby Way
$3,200,000
Building Size
—
Asset Type
Retail
Closing
Jun 10, 2025
About this deal
AI
A retail property located at 5870 Carnaby Way in Columbus, OH, was sold for $3,200,000. The property is currently occupied by Texas Roadhouse and is secured by a new 10-year triple-net lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,200,000
- Seller: Solid Ground LLC
- Buyer: Delaware-based entity
- Brokers: Mark Ruble, Kahlil Barnard, Jordan Klink, Chris Lind & Zack House - Marcus & Millichap
The transaction was facilitated by Marcus & Millichap, which arranged the sale of the property. Jordan Klink and Kahlil Barnard represented the seller, Solid Ground LLC, while Chris Lind, Mark Ruble, and Zack House brought the buyer to the table.
On the Map
$3,200,000
Retail
View full map
Players
Columbus Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Columbus retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93