What is the typical cap rate for retail in Columbus?

About 8.3% as of Q1 2026, per www matthews com.

Is the Columbus retail market tightening or softening?

Vacancy is around 3.3% (Q1 2026).

Retail

Grandview Crossing

grandview crossing, columbus, OH 43215

Price

Price on request

Price/Sq Ft

$15.00

Description

Over 26,244 SF Premier Retail Space For Lease Grandview Crossing is a dynamic 55-acre community that includes residential, office, and retail spaces, a lively food hall and bar, and a sip-n-stroll park with skyline views, all just minutes from downtown.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

grandview crossing, columbus, OH 43215

Leaflet © OpenStreetMap contributors

Market Context

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

Projected current pricing

low confidence

Projected asking rent

$20.87/SF/yr

Estimated sale value

$158–$199/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 www matthews com data (cap rate 8.3%, asking rent held flat).

View the full Columbus Retail market report →

Tight vacancy keeps competition for quality space elevated.

Compare it against other retail listings for sale in Columbus, OH to benchmark pricing and space — view the full market.

Retail market FAQ

What is the typical cap rate for retail in Columbus?: About 8.3% as of Q1 2026, per www matthews com.
Is the Columbus retail market tightening or softening?: Vacancy is around 3.3% (Q1 2026).

Unified Estimate

Medium Confidence

$18.70/SF-$25.30/SF

Mid: $22.00/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

Sale Price History

Market report quarterly trend fallback

Low Confidence

Avg Rent ($/SF/yr) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.