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NNN Tim Hortons in Columbus OH 3120 E Main St 1,344 SF Retail Building Columbus, OH 43209 $1,499,000 ($1,115.33/SF) 6.83% Cap Rate
Investment Highlights
- LONG-TERM ABSOLUTE NNN LEASE: Absolute NNN structure provides truly passive ownership with zero landlord responsibilities
- STRONG NATIONAL BRAND: Tim Hortons is an internationally recognized quick-service brand with a large and loyal customer base, recently acquired by RBI
- MODERN CONSTRUCTION WITH DRIVE-THRU: Built in 2018 with a drive-thru, optimized for high-volume quick-service operations
- EXPERIENCED FRANCHISE OPERATOR: Operated by the largest Tim Hortons franchisee in the U.S. (134 locations), offering strength and stability
- PRIME SIGNALIZED CORNER LOCATION: Situated on a high-traffic, signalized intersection with excellent visibility and multiple points of access
- ROBUST DEMOGRAPHICS: Located in a rapidly growing metro with an expanding population and dense population base with strong household incomes
Executive Summary
This offering provides a truly passive investment with a long-term absolute NNN lease, zero landlord responsibilities and ensuring stable cash flow. The property is operated by the largest Tim Hortons franchisee in the U.S., offering strong operational backing and reliability from an experienced operator tied to a nationally recognized brand.
Located on a high-traffic, signalized corner in a dense retail corridor, the site benefits from excellent visibility, modern drive-thru construction, and strong surrounding demographics. Positioned in one of the brand’s strongest U.S. markets, the asset is well-supported by population growth and consistent quick-service demand.
Located on a high-traffic, signalized corner in a dense retail corridor, the site benefits from excellent visibility, modern drive-thru construction, and strong surrounding demographics. Positioned in one of the brand’s strongest U.S. markets, the asset is well-supported by population growth and consistent quick-service demand.
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
1,344 SF
Building Class
B
Year Built
2018
Price
$1,499,000
Price Per SF
$1,115.33
Cap Rate
6.83%
NOI
$102,410
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.38 AC
Zoning
UCT - Mixed-Use, Urban Center
Parking
15 Spaces (11.16 Spaces per 1,000 SF Leased)
Frontage
52’ on E Main
Amenities
- Restaurant
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Tim Hortons began in Hamilton, Ontario in 1964 as a coffee and doughnut shop and grew from a single restaurant into a major quick-service chain. The company is known for its Original Blend coffee, baked goods, donuts, Timbits, and breakfast items, while also offering lunch and dinner menu options in many locations. Tim Hortons operates across Canada and beyond through a franchise-heavy model and remains closely associated with Canadian restaurant culture. The business also supports community-focused programs through Tim Hortons Foundation Camps and other initiatives tied to coffee sourcing and local outreach.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010-092060 | Improvements Assessment | $113,650 |
| Land Assessment | $257,250 | Total Assessment | $370,900 |
Property Taxes
Parcel Number
010-092060
Land Assessment
$257,250
Improvements Assessment
$113,650
Total Assessment
$370,900
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