RGLP Rail 1575_Property for Sale
RGLP Rail 1575_Property for Sale

RGLP Rail 1575

1575 Rail Court South, Columbus, OH, 43137, US

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.

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Attributes

Building area net
48,208 m²
Occupancy
100%
Year built
2023
Clear height
12.19 m
WALT
5.8 years
Amenities
Heavy Power & Cold Capabilities

Media

Investment Highlights

  1. Irreplaceable Rickenbacker Int'l Airport & Norfolk Southern Intermodal Location
  2. Explosive Southeast Submarket Accounting for Nearly 50% of Columbus Absorption in the Last 18 Months
  3. 40' Clear Trophy Asset with Heavy Power & Cold Storage Infrastructure Capabilities
  4. Stabilized Cash Flow with Heavy Value-Add Upside Through Strategic Lease-Up
  5. Institutional Business Park with Credit-Oriented Tenancy
RGLP Rail 1575 4_Property for Sale
RGLP Rail 1575 4_Property for Sale

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RGLP Rail 1575 (0 Properties)

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Last updated Sep 29, 2026