5970 E Main St — Sale in Columbus, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Columbus, OH 43213

Photos

5970 E Main St — Sale in Columbus, OH, photo 1 of 2
5970 E Main St — Sale in Columbus, OH, photo 2 of 2

Description

Former Bob Evans (E Main St) Available for Sale of Lease • Former Bob Evans restaurant located in Reynoldsburg, OH, a suburban community of more than 40,000 people on the east side of Columbus. • The Columbus region is home to a population of 2.25 million and is expected to double by 2050. • Columbus has one of the youngest and most-educated populations in the country – the median age is 35.9 and 36%of residents 25+ holds a Bachelor's degree or higher. • The Columbus metro ranks first among large Midwest metro areas for population and job growth since 2010 and is among the fastest growing metros in the country. • The subject property in Reynoldsburg is off I-270 at the signalized intersection of East Main Street and McNaughten Road. • The property is a 5,516 SF freestanding restaurant on 1.2 acres with 88 parking spaces. • Pylon sign located at the intersection of East Main Street and McNaughten Road.

Market Context

This retail in Columbus, OH is listed for sale. Compare it against other retail listings for sale in Columbus, OH — view the full market.

As of Q1 2026, the Columbus retail market showed a 3.3% vacancy rate, average asking rents near $20.87/SF/yr, rents up 5.4% year over year, and cap rates around 8.3%. Source: Matthews Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Columbus?
About 8.3% as of Q1 2026, per Matthews.
Is the Columbus retail market tightening or softening?
Vacancy is around 3.3%, with asking rents rising year over year (Q1 2026).

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