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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  • 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