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Columbus, OH 43214
Tim Hortons
Property Address
737 Bethel Road, Columbus, OH, USA
Offering Summary
Price:
$1,739,000
Lot Size:
0.50 Acres
Cap Rate:
5.75%
Year Built:
2001
Building SF:
1,611
Status:
Available
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Principal
Broker
Fee Ownership of Improvements Upon Ground Lease Expiration – 12/31/2031
New 10-Year Absolute NNN Lease from Close of Escrow, Four 5-Year Options at 10% Increase
RBI Corporate Ground Rent Through 2031; 140+ Unit Largest Franchisee Backing the Full Term
Morning Commuter Capture – 34,659 CPD on Bethel Rd Feeding the OH-315 Interchange at 118,327 CPD
1,300+ Apartment Units and Centennial High School Within Walking Distance
High Barrier to Entry Corridor in Columbus with Over 45K VPD at Intersection
Established Bethel Rd Retail Node – Wendy’s, McDonald’s, Starbucks, CVS, KeyBank and Olentangy Square
350,000+ Residents Within 5 Miles; $120,892 Average Household Income Within 3 Miles
Broker Information
Brennan Clegg
Agent
Phone Number:
614.360.9805
brennan.clegg@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
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