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2550 S Hamilton Rd 1,798 SF Retail Building Columbus, OH 43232 $1,550,000 ($862.07/SF) 6.64% Cap Rate
EXECUTIVE SUMMARY
Boston Real Estate Advisors is pleased to present this exclusive opportunity to purchase a net-leased property leased to Tim Hortons. Located at 2550 S Hamilton Road in Columbus, Ohio (the “Property”). There are 8.5 years remaining on the initial lease term with 3, five year renewal options.
The property is located along Route 317 in a dense retail area less then 3/4 of a mile to the on ramp to Interstate 70.
INVESTMENT HIGHLIGHTS:
The property is located along Route 317 in a dense retail area less then 3/4 of a mile to the on ramp to Interstate 70.
INVESTMENT HIGHLIGHTS:
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,798 SF
Building Class
B
Year Built
2016
Price
$1,550,000
Price Per SF
$862.07
Cap Rate
6.64%
NOI
$102,880
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.67 AC
Opportunity Zone
Yes
Zoning
CAC - Community Activity Center
Frontage
151’ on S Hamilton Road
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 010-017446 | Improvements Assessment | $113,160 |
| Land Assessment | $41,160 | Total Assessment | $154,320 |
PROPERTY TAXES
Parcel Number
010-017446
Land Assessment
$41,160
Improvements Assessment
$113,160
Total Assessment
$154,320
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2550 S Hamilton Rd
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