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2550 S Hamilton Rd 1,798 SF Retail Building Columbus, OH 43232 $1,700,000 ($945.49/SF) 6.05% 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 approximately 6 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
$1,700,000
Price Per SF
$945.49
Cap Rate
6.05%
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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