Tim Hortons - Columbus
Prime Retail Investment I 2,000 SF | 6.00% CAP
Marketing description
A chance to own the very first Tim Hortons in Georgia. This investment opportunity offering is an excellent opportunity to acquire newly developed free-standing Tim Hortons, located in Columbus, Georgia. The property will finish development and open for business in early 2024, have a 15 year NNN lease that includes 10% increases every 5 years, and two 5-year options. The franchisee is based in Atlanta, and currently operates Popeyes, Tim Hortons, Moe's, & Checkers locations. Tim Hortons is one of the fastest growing QSR brands in the world, and this is an ideal location for the restaurant.
Columbus is located approximately 1.5 hours south of Atlanta. The area is home to a number of corporate headquarters, including: Aflac Insurance, Synovus, Carmike Cinemas, and more. Columbus is the 2nd largest city in Georgia, and was recently ranked by Best Life Magazine as #4 on the Top 100 Places to Raise a Family. The area continues to grow with new residential development, as the quality and high paying jobs continue to be added to the city. Located a short drive to the south is Fort Benning, which supports more than 120,000 active-duty military, family members, reserve soldiers, retirees, and civilian employees on a daily basis.
Investment highlights
New construction - lease signed August 2024
15 year absolute NNN lease - 10% increases every 5 years with 2x5 year options
Tim Hortons first location in Georgia
Tim Hortons is one of the fastest growing QSR brands in the world with over 5,700 locations in 14 countries
Well located right off I-185 with an ideal location on the main retail artery of one of the most affluent areas on the north side of Columbus.
122,260 people living within a 5 mile radius with an excellent average household income of $93,814
Fort Benning in Columbus- Supports 120,000+ active military, family members, retirees, and employees daily
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