For Sale
$1,550,000

2550 Hamilton Rd Columbus, OH 43232

High-yield Tim Hortons investment. 8.5 years remaining.

Overview

Added:
Dec 11, 2024
Days on market:
131

Highlights

  • Net-leased Tim Hortons restaurant in high-traffic Columbus, OH location.
  • 1,789 SF building on a 0.67-acre lot, situated near I-70.
  • 8.5 years remaining on the lease, plus three 5-year options.
  • 6.64% cap rate and $102,850 NOI; $1,550,000 sale price ($866.41/SF).
  • NNN lease with a 10-unit franchisee tenant, minimizing landlord responsibilities.

Property Details for 2550 Hamilton Rd

Property type
Retail properties, Restaurants
Square Feet
1,789 SF
Lot Size (sq. ft)
29,185 SF

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9246437
Longitude
-82.8790741
2550 Hamilton Rd, Columbus, Ohio
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - High-yield Tim Hortons investment. 8.5 years remaining.
Where is the retail property located?
The property is located at 2550 Hamilton Rd Columbus, OH.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Net-leased Tim Hortons restaurant in high-traffic Columbus, OH location.; 1,789 SF building on a 0.67-acre lot, situated near I-70.; 8.5 years remaining on the lease, plus three 5-year options.
How can I contact the broker?
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2550 Hamilton Rd
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