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NNN Tim Hortons in Columbus OH 3120 E Main St 1,340 SF Retail Building Columbus, OH 43209 $2,236,861 CAD ($1,669.30 CAD/SF) 6.30% Cap Rate

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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.

Tim Hortons - Columbus OH OM

Property Facts

Sale Type

Investment NNN

Sale Condition

Build to Suit

Property Type

Retail

Property Subtype

Fast Food

Building Size

1,340 SF

Building Class

Year Built

2018

Price

$2,236,861 CAD

Price Per SF

$1,669.30 CAD

Cap Rate

6.30%

NOI

$140,970 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.08

Lot Size

0.38 AC

Zoning

UCT - Mixed-Use, Urban Center

Parking

15 Spaces (10 Spaces per 1,000 SF Leased)

Frontage

52’ on E Main

Restaurant

Drive Thru

Accommodation and Food Services
99,999 SF
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Tim Hortons began in 1964 when Tim Horton and Jim Charade opened their first store in Hamilton, Ontario. After Horton's passing, partner Ron Joyce expanded operations significantly. The chain merged with Wendy's in 1995 before becoming independent again in 2006. In 2014, Tim Hortons joined Burger King under Restaurant Brands International ownership. Today, the company operates internationally with a menu featuring coffee, donuts, and various breakfast and lunch items. Their iconic status makes them a staple of Canadian culture while maintaining a global presence.