6875 Ray Wright Way is the premier opportunity to acquire a stake in Greater Columbus as the area continues to see immense growth with an income-producing asset poised for long-term value.
The standalone property spans 6,300 square feet and is situated on a 1.84-acre corner lot. Delivered in 2024, the property features up-to-date commercial kitchen infrastructure, a unique modernist design, an outdoor patio, and a drive-thru. The building is fully leased to two strong establishments, First Watch and Panera Bread. First Watch is an expanding, publicly traded company that reported a 20.34% year-over-year revenue increase for the 2025 fiscal year. Panera Bread is an unmistakable chain backed by Panera Brands, which also includes Caribou Coffee and Einstein Bros. Bagels.
Strategically positioned off Highway 80 at a primary roundabout serving surrounding retail destinations, 6875 Ray Wright Way is an exceptionally visible and accessible address. The cluster of retailers, restaurants, big-box stores, and residences in the vicinity serves as a major co-traffic driver, cementing the node as an essential hub for locals. New residents are attracted to Greater Columbus for its connectivity and expanding amenity base, leading to a steady increase in disposable income.
Columbus is a strong market in terms of retail real estate trends. As of the first quarter of 2026, the market’s five-year average vacancy rate is a low 4.6%, and five-year average annual rent growth is 4.1%. The Greater Columbus submarket, in which this property lies, commands the second-highest rents in the metro area behind the CBD submarket. Highlighting the burgeoning interest in the area, nearly 370,000 square feet of commercial space was delivered within a half-mile of the property from 2023 to 2026.