Log In/Sign Up
Your email has been sent.
Tim Hortons | White Castle Ground Lease 1000 N Bridge St 3,283 SF Retail Building Chillicothe, OH 45601 $2,020,000 ($615.29/SF) 6% Cap Rate
Investment Highlights
- Tim Hortons & White Castle | Ground Leases With Zero Landlord Responsibilities
- White Castle Lease Features (4) Five-Year Renewal Options With 10% Rental Increases
- Over 37,000 People Within 5 Miles of Subject Property With An Average Household Income Exceeding $68,000
- Both Tenants Have Occupied The Site For Over 15 Years, Demonstrating Long-Term Commitment To The Location.
- Tim Hortons Has Occupied The Site Since 2004 and Has One Remaining Five-Year Renewal Option | 12.5% Increase
- Prime Retail Corridor Location Along Bridge Street with Traffic Counts Exceeding 30,000 Vehicles Per Day, Directly Across From Chillicothe Place
Executive Summary
Tim Hortons & White Castle | Ground Leases With Zero Landlord Responsibilities
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,283 SF
Building Class
B
Year Built
2008
Price
$2,020,000
Price Per SF
$615.29
Cap Rate
6%
NOI
$121,205
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.24 AC
Opportunity Zone
Yes
Zoning
RC - Regional Commercial
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-54-59-011.000 | Improvements Assessment | $195,030 |
| Land Assessment | $172,890 | Total Assessment | $195,030 |
Property Taxes
Parcel Number
30-54-59-011.000
Land Assessment
$172,890
Improvements Assessment
$195,030
Total Assessment
$195,030
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Tim Hortons | White Castle Ground Lease | 1000 N Bridge St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.