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5870 Carnaby Way

Solid Ground LLC Sells Retail Property Occupied By Texas Roadhouse In Columbus For $3.2M
SOLDRetail

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

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:

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.

Players

Jordan Klink

Marcus & Millichap

Broker

$14.4M

vol

6 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Columbus Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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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