Boston Real Estate Advisors
Listed by Boston Real Estate Advisors
$1,700,000
Tim Hortons
Details
Property Type Retail
Sub Type Restaurant
Square Footage 1,789
Cap Rate 6.05%
NOI $102,850
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 8.5
Price per SqFt $950
Acreage 0.670
Investment Type Net Lease
Retail | 6.05% CAP | 1,789 SF
Marketing description
Boston Real Estate Advisors is pleased to present this exclusive opportunity to purchase a net-leased property leased to Tim Hortons. Located at 2550 S Hamilton Road in Columbus, Ohio (the “Property”). There is approximately 6 years remaining on the initial lease term with 3, five year renewal options.
The property is located along Route 317 in a dense retail area less then 3/4 of a mile to the on ramp to Interstate 70.
INVESTMENT HIGHLIGHTS:
*LEASE TERM: There is approximately 6 years remaining on the initial lease term with 3, five-year renewal options.
*LEASE GUARANTOR: 10 Unit Franchisee.
*SITE LOCATION: Premier location along Route 317, less then 3/4 of a mile from the on ramp to Interstate 70.
Listing Contacts
Boston Real Estate Advisors
Listed by Boston Real Estate Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,850.00
$8,570.83/mo
Valuation Metrics
0
DSCR
6.05%
Cap Rate
6.05%
ROI
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