Home › NNN Properties For Sale › Ohio › Franklin County
29 NNN properties are observed for sale in Franklin County, Ohio across 25 tenants and 9 towns as of November 9, 2026, at a median asking cap rate of 6.25%, 25 basis points below the Ohio median of 6.50%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, places each listing in its county from its mapped location, checks rated tenants against the investment grade threshold, and publishes the observations here: which tenants and towns carry the inventory, what it is asking, how Franklin County prices against Ohio and the national market, and how an acquisition or 1031 exchange buyer should work through it.
Asking cap rates in Franklin County run from 5.00% to 11.00%, with the middle half of listings between 5.75% and 7.15%. Median asking price $2.47M (median $421 per SF). Average remaining lease term 8.4 years among 5 listings that state a term. 1 listing reports a 2026 build year. 14 listings were first observed and 7 dropped off active tracking in the last 90 days. Figures update automatically across publicly marketed offerings and broker materials.
Franklin County vs Ohio and the National NNN Market
| Measure | Franklin County | Ohio | United States |
|---|---|---|---|
| Observed listings | 29 | 343 | 7,398 |
| Median asking cap rate | 6.25% | 6.50% | 6.35% |
| Middle half of asking cap rates | 5.75% to 7.15% | 6.00% to 7.50% | 5.70% to 7.15% |
| Median asking price | $2.47M | $2.14M | $2.77M |
| Average remaining lease term (listings stating a term) | 8.4 yrs | 9.2 yrs | 10.1 yrs |
| Listings with an investment grade rated tenant brand or parent company | 14% | 27% | 25% |
All three columns use the same listing rules. A county median reflects both location and which tenants are on the market, so compare any listing with its tenant’s cap rate range before reading a gap as a discount or a premium.
NNN Properties For Sale in Franklin County: Latest Listings
Up to twenty-four single-tenant net lease properties in Franklin County with published pricing, the newest from each tenant first. Below the table, the full listing browser carries every observed Franklin County listing with tenant, town, cap rate, price and term filters. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.
| Tenant | Town | Asking Price | Cap Rate | NOI | Term Left | Built | Lease | |
|---|---|---|---|---|---|---|---|---|
| America's Floor Source | Columbus | $2,866,875 | 6.75% | $193,514 | n/a | 1977 | Not stated | Get full property data |
| Speedway | Columbus | $4,770,000 | 5.25% | $250,445 | n/a | 1995 | Not stated | Get full property data |
| National Veterinary Associates | Grove City | $4,881,552 | 6.25% | $305,096 | n/a | 2024 | Not stated | Get full property data |
| Meineke Car Care | Columbus | $1,179,800 | 7.00% | $82,586 | n/a | 1980 | Not stated | Get full property data |
| Oak St Health | Columbus | $2,700,000 | 7.15% | $192,996 | n/a | 1996 | Not stated | Get full property data |
| Tutor Time | Dublin | $3,685,700 | 7.35% | $270,900 | n/a | 2007 | Not stated | Get full property data |
| Chipotle | New Albany | $2,466,000 | 5.00% | $123,291 | n/a | 2024 | Not stated | Get full property data |
| Goodyear | Reynoldsburg | $2,232,000 | 6.40% | $142,800 | n/a | 1980 | Not stated | Get full property data |
| Tim Hortons | Columbus | $1,739,000 | 5.75% | $100,000 | n/a | 2001 | Not stated | Get full property data |
| Kiddie Academy | Powell | $2,613,333 | 7.50% | $196,000 | n/a | 1989 | Not stated | Get full property data |
| Arby's | Grove City | $2,292,000 | 6.00% | $137,500 | n/a | 1978 | Not stated | Get full property data |
| Midas | Grove City | $2,387,042 | 5.75% | $137,255 | n/a | 1966 | Not stated | Get full property data |
| CVS | Columbus | $1,792,000 | 6.25% | $112,000 | n/a | 1999 | Not stated | Get full property data |
| Dunkin' | Columbus | $2,522,000 | 5.75% | $145,000 | 15.1 yrs | 2017 | Absolute NNN | Get full property data |
| K9 Resorts | Hilliard | $3,995,000 | 6.13% | $245,000 | n/a | 2025 | Not stated | Get full property data |
| Grease Monkey | Reynoldsburg | $1,733,000 | 7.50% | n/a | 15.0 yrs | 1963 | Absolute NNN | Get full property data |
| Terrasana Cannabis Co | Columbus | $3,163,636 | 11.00% | $348,000 | n/a | 1999 | Not stated | Get full property data |
| Cava | Hilliard | $3,500,000 | 5.35% | n/a | n/a | 2026 | Not stated | Get full property data |
| Rite Rug | Columbus | $2,118,217 | 6.25% | $132,388 | 3.3 yrs | n/a | NNN | Get full property data |
| Laundromax | Columbus | $2,679,100 | 7.15% | $187,800 | n/a | n/a | Not stated | Get full property data |
| Bank of America | Columbus | $1,638,000 | 5.00% | $81,900 | n/a | 2018 | Not stated | Get full property data |
| Pizza Hut | Reynoldsburg | $570,000 | 5.41% | n/a | 1.2 yrs | 1972 | NNN | Get full property data |
| Elevated Growth | Columbus | $3,437,359 | 10.30% | $354,048 | n/a | 1998 | Not stated | Get full property data |
| Trulieve | Columbus | $4,248,750 | 8.00% | n/a | n/a | 1969 | Not stated | Get full property data |
Showing 24 of 29 observed Franklin County listings: the newest from each tenant first, then each tenant’s next newest. Listings without a published asking price and cap rate are not shown here.
Market observations aggregated from publicly marketed offerings and broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the offering party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.
Franklin County NNN Properties by Tenant
Listing count, median asking cap rate and cap range by tenant. Tenants with a linked page have a profile covering credit rating status, cap rates and inventory.
| Tenant | Listings | Median Cap | Cap Range | Median Price | |
|---|---|---|---|---|---|
| Tim Hortons | 3 | 6.05% | 5.75% to 7.00% | $1.70M | Tim Hortons NNN for sale |
| CVS | 2 | 6.63% | 6.25% to 7.00% | $2.68M | CVS NNN for sale |
| Midas | 2 | 5.75% | 5.75% | $2.24M | |
| America's Floor Source | 1 | n/a | 6.75% | $2.87M | |
| Arby's | 1 | n/a | 6.00% | $2.29M | Arby's NNN for sale |
| Bank of America | 1 | n/a | 5.00% | $1.64M | Bank of America NNN for sale |
| Cava | 1 | n/a | 5.35% | $3.50M | |
| Chipotle | 1 | n/a | 5.00% | $2.47M | Chipotle NNN for sale |
| Dunkin' | 1 | n/a | 5.75% | $2.52M | Dunkin' NNN for sale |
| Elevated Growth | 1 | n/a | 10.30% | $3.44M | |
| Goodyear | 1 | n/a | 6.40% | $2.23M | Goodyear NNN for sale |
| Grease Monkey | 1 | n/a | 7.50% | $1.73M | |
| K9 Resorts | 1 | n/a | 6.13% | $4.00M | |
| Kiddie Academy | 1 | n/a | 7.50% | $2.61M | |
| Laundromax | 1 | n/a | 7.15% | $2.68M | |
| Meineke Car Care | 1 | n/a | 7.00% | $1.18M | |
| Monro | 1 | n/a | n/a | $1.35M | |
| National Veterinary Associates | 1 | n/a | 6.25% | $4.88M | |
| Oak St Health | 1 | n/a | 7.15% | $2.70M | |
| Pizza Hut | 1 | n/a | 5.41% | $0.57M | |
| Rite Rug | 1 | n/a | 6.25% | $2.12M | |
| Speedway | 1 | n/a | 5.25% | $4.77M | Speedway NNN for sale |
| Terrasana Cannabis Co | 1 | n/a | 11.00% | $3.16M | |
| Trulieve | 1 | n/a | 8.00% | $4.25M | |
| Tutor Time | 1 | n/a | 7.35% | $3.69M |
Tenants with the most Franklin County listings observed (all 25).
Tenant Credit in Franklin County
4 of 29 observed Franklin County listings (14%) are leased to tenant brands whose own or parent company’s verified S&P, Moody’s or Fitch rating is investment grade (BBB‑ or Baa3 and above) in the Investment Grade ratings database, compared with 27% across Ohio and 25% nationally. Brands not yet in the ratings database count as not rated, so the share is a floor. A franchised location may be leased to a franchisee rather than the rated company, so confirm the tenant and any guarantee in the lease. Ratings and outlooks by tenant are on the investment grade credit tenant ratings page.
Franklin County NNN Properties by Town
The towns with the most observed Franklin County listings are Columbus (16), Grove City (3) and Reynoldsburg (3). Tap any town in the table to filter the full listing browser to that town.
| Town | Listings | Median Cap | Avg Asking Price |
|---|---|---|---|
| Columbus | 16 | 6.75% | $2.46M |
| Grove City | 3 | 6.00% | $3.19M |
| Reynoldsburg | 3 | 6.40% | $1.51M |
| Hilliard | 2 | 5.74% | $3.75M |
| Dublin | 1 | n/a | $3.69M |
| Gahanna | 1 | n/a | $3.57M |
| New Albany | 1 | n/a | $2.47M |
| Powell | 1 | n/a | $2.61M |
| Westerville | 1 | n/a | $2.09M |
Towns as named in each listing (all 9).
Franklin County Economy at a Glance
| Measure | Value | Period | Source |
|---|---|---|---|
| Resident population | 1,361,536 (+2.8% since 2020) | 2025 | FRED OHFRAN0POP, U.S. Census Bureau |
| Unemployment rate (not seasonally adjusted) | 3.4% | September 2026 | FRED OHFRAN0URN, U.S. Bureau of Labor Statistics |
| Per capita personal income | $66,705 | 2024 | FRED PCPI39049, U.S. Bureau of Economic Analysis |
Latest published figures from FRED, Federal Reserve Bank of St. Louis, with the original publisher named. Each figure shows its own period and refreshes automatically when a new period is published.
NNN Properties in Counties Bordering Franklin County
- NNN properties for sale in Delaware County, Ohio (8 listings)
- NNN properties for sale in Licking County, Ohio (5 listings)
- NNN properties for sale in Fairfield County, Ohio (3 listings)
- NNN properties for sale in Pickaway County, Ohio (1 listing)
- NNN properties for sale in Union County, Ohio (1 listing)
Counties that share a land border with Franklin County, by observed listings with a confirmed county. Bordering counties with no observed listings are not shown, and counties without their own page yet are listed for reference.
How These Figures Are Calculated
Figures cover single-tenant net lease properties observed for sale in Franklin County, Ohio across publicly marketed offerings and broker materials, and refresh automatically with each Investment Grade Research update. Each listing is placed in its county from its mapped location using U.S. Census Bureau county boundaries and, where possible, confirmed against its street address through the Census Bureau geocoder or the county named in the listing; a listing whose county cannot be confirmed is left off this page but stays on the Ohio page. A listing counts while it is actively marketed; listings marked under contract, pending, on hold or closed are excluded, as are listings priced under $150,000. Medians use published asking prices and published cap rates; listings without a published cap rate are left out of cap rate figures. These figures describe what sellers are asking, not closed sale prices, and an auction listing may show its starting bid as the asking price. The Ohio and national comparisons use the same rules. Tenant credit uses verified ratings in the Investment Grade ratings database.
Frequently Asked Questions: NNN Properties For Sale in Franklin County
How many NNN properties are for sale in Franklin County, Ohio?
As of November 9, 2026, 29 single-tenant net lease properties are observed for sale in Franklin County across 25 tenants and 9 towns. The count updates automatically as listings are added and withdrawn.
What cap rates are Franklin County NNN properties asking?
The median asking cap rate is 6.25%, with the middle half of listings between 5.75% and 7.15%. Asking cap rates describe what sellers are asking, not closed sale prices.
How does Franklin County compare with the rest of Ohio?
The Franklin County median asking cap rate of 6.25% sits 25 basis points below the Ohio median of 6.50%. A county median reflects both location and which tenants are on the market, so compare a listing with its tenant’s cap rate range before reading the gap as a discount or a premium.
Which tenants have the most Franklin County NNN listings?
The tenants with the most observed listings are Tim Hortons (3), CVS (2) and Midas (2).
Which towns in Franklin County have the most NNN listings?
The towns with the most observed listings are Columbus (16), Grove City (3) and Reynoldsburg (3). Tap a town in the town table to filter the listing browser.
More NNN Markets
- NNN properties for sale in Ohio, with Ohio transfer and property tax notes
- All NNN properties for sale by tenant
- 1031 exchange rules and replacement property strategy
- What a cap rate is and how to read one
Buying With 1031 Exchange Proceeds?
Compare this inventory with all 7,398 NNN properties observed for sale nationally on the 1031 exchange properties page, sorted by price band, tenant credit, remaining lease term and state. Then check your 1031 exchange deadlines: 45 days to identify replacement property and 180 days to close, or your tax return due date (including extensions) if that comes first (IRC 1031(a)(3); Treas. Reg. 1.1031(k)-1(b)(2)). General information, not tax or legal advice.
