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1185 E Main St
Ashland, OH 44805
Tim Hortons · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Great opportunity to own a retail building with a strong national tenant with a long-term lease.
  • The property sits on the main corridor just down from Ashland University (13,058 VPD) in the main retail corridor for campus.
  • The operator is the largest Tim Horton’s franchisee (that has 125+locations) in the United States.
  • The lease has a 10% bump in Year 6 and has 4-5 year options (10% bump in each option period).

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
1,980 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.08 AC
Zoning
B3 - Highway Service Business District
Parking
27 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
174’ on East Main Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
P44-118-A-0001-01
Land Assessment
$65,980
Improvements Assessment
$319,020
Total Assessment
$385,000
  • Listing ID: 24562016

  • Date on Market: 11/29/2021

  • Last Updated:

  • Address: 1185 E Main St, Ashland, OH 44805

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