RGLP Rail 1575 — Sale in Columbus, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Columbus, OH 43137
  • Year built: 2023

Photos

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Description

Jones Lang LaSalle ("JLL"), as exclusive advisor to ownership, is pleased to offer the opportunity to acquire the fee simple interest in RGLP Rail 1575 (the "Property" or the "Offering"), a 518,863 SF Class A logistics facility located immediately adjacent to Columbus's premier Rickenbacker International Airport. Delivered in 2023, the Property features modern specifications designed for today's distribution users with above-standard tenant improvements adding future cold-storage user capabilities. The Property is 100% leased today with nearly 6-years of weighted average lease term, contractual rent growth, and huge upside rent potential with staggered rollover. Located less than two miles from both Rickenbacker International Airport and the Norfolk Southern Rickenbacker Intermodal Terminal, the Property offers exceptional multimodal connectivity within one of the Midwest's premier logistics corridors. With nearly 20 MSF of net absorption over the last 18-months, Columbus has become one of the nation's top industrial markets driven by a wide variety of demand drivers from consumer / retail logistics and distribution to advanced manufacturing and data-center users.

Market Context

This industrial in Columbus, OH is listed for sale. The building dates to 2023. Compare it against other industrial listings for sale in Columbus, OH — view the full market.

As of Q1 2026, the Columbus industrial market showed a 3.9% vacancy rate. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

Is the Columbus industrial market tightening or softening?
Vacancy is around 3.9% (Q1 2026).

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