Population
913,000
Growth (5Y)
+7.8%
Median Income
$61,000
Metro GDP
$165B
Market Overview
Columbus is Ohio's fastest-growing city and one of the Midwest's most exciting NNN investment markets. Intel's $28B semiconductor campus in New Albany represents the single largest private investment in Ohio history and will create 10,000+ high-income manufacturing jobs. Combined with Ohio State University's massive presence and a dominant insurance industry cluster, Columbus offers NNN investors a uniquely stable economic foundation. Cap rates of 5.75–7.0% offer strong yields with an improving growth trajectory.
Key Highlights
Intel's $28B Ohio One semiconductor campus (largest chip plant in US) anchors tech growth
Ohio State University (67,000+ students) provides permanent population and retail demand anchor
Strong logistics and distribution hub for Amazon, Walmart, and FedEx
Nation's largest insurance industry cluster outside Hartford provides stable white-collar employment
Why Invest in Columbus
- 1Intel's $28B semiconductor campus will transform Columbus into a major tech manufacturing hub
- 2Ohio State University anchors irreplaceable permanent retail demand in central Columbus
- 3Above-average cap rates with improving fundamentals as Intel campus fills in
- 4Distribution and logistics hub location drives consistent employment across economic cycles
Recent NNN Activity
"Columbus NNN transactions totaled $290M in 2024. New Albany and Westerville corridors showed the strongest activity as Intel's campus ramps up. QSR assets near OSU's campus and suburbs commanded premium pricing."
NNN Snapshot
Cap Rate Range
5.75% - 7%
Price Range
$1.1M - $3.6M
Avg Lease Term
12 Years
Unemployment Rate
3.6%
Active NNN Tenants
McDonald'sDollar GeneralStarbucksCVSAutoZoneO'Reilly Auto PartsWendy's
Major Employers
Nationwide InsuranceL Brands (Victoria's Secret)Cardinal HealthOhioHealthIntel (semiconductor fab)JPMorgan Chase
Find NNN Properties in Columbus
Our advisors have exclusive, off-market NNN inventory in the Columbus market right now. Contact us to see what's available before it hits the public market.