Restaurant
Tim Hortons Triple Net w/Over 12 Years Remaining
3010 Kettering Blvd, Moraine, OH 45439
Listing Price: $1,150,000
Investment Overview
Subject is a Prime 1,566 Square-Foot Tim Hortons on
a .56-Acre Lot with Drive-Thru, Ample Parking, Pylon
Signage, Easy Ingress/Egress, and Strategically Located at
a Busy Intersection.
Absolute NNN Lease with a 20-Year Base Term, 13 Years
Remaining and Zero Landlord Responsibility | 2% Annual
Rental Increases and 2 x 5-Year Options.
Tim Hortons Triple Net w/Over 12 Years Remaining
Investment Highlights
- Robust Traffic Counts on Kettering Blvd (12,686 VPD), Dixie Dr (13,895 VPD), and Dorothy Lane (16,880 VPD) (Source: LandVision, CoStar, 2022)
- Tenant Next Level Restuarant Brands Currently Operates Over 130 Tim Hortons Locations Throughout the Midwest, Recently Adding 55 locations in Ohio, Kentucky, and West Virginia
- Well Established Retail Corridor | Nearby National Retailers Include: McDonald's, Taco Bell, Arby's, Wendy's, Chipotle, Walmart, Dollar General, Midas, and Others
- Affluent Community with an Average Household Income of Over $69K within Five Miles of the Subject Asset, as of 2022
- Subject is 15 Miles from Dayton International Airport, Serving Well Over Half a Million Passengers Annually (flydayton.com)
- Parks and Outdoor Recreational Facilities Nearby Include: Fariway Golf Club, Adirondack Trail, Hills & Dales MetroPark, Dayton Country Club, Natioal Museum of the USAF, Eastwood MetroPark, and More
- Subject is 4 Miles from Downtown Dayton with a Population in the MSA of Over 800,000
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Listing Price: $1,150,000
Investment Highlights
- Robust Traffic Counts on Kettering Blvd (12,686 VPD), Dixie Dr (13,895 VPD), and Dorothy Lane (16,880 VPD) (Source: LandVision, CoStar, 2022)
- Tenant Next Level Restuarant Brands Currently Operates Over 130 Tim Hortons Locations Throughout the Midwest, Recently Adding 55 locations in Ohio, Kentucky, and West Virginia
- Well Established Retail Corridor | Nearby National Retailers Include: McDonald's, Taco Bell, Arby's, Wendy's, Chipotle, Walmart, Dollar General, Midas, and Others
- Affluent Community with an Average Household Income of Over $69K within Five Miles of the Subject Asset, as of 2022
- Subject is 15 Miles from Dayton International Airport, Serving Well Over Half a Million Passengers Annually (flydayton.com)
- Parks and Outdoor Recreational Facilities Nearby Include: Fariway Golf Club, Adirondack Trail, Hills & Dales MetroPark, Dayton Country Club, Natioal Museum of the USAF, Eastwood MetroPark, and More
- Subject is 4 Miles from Downtown Dayton with a Population in the MSA of Over 800,000
Investment Overview
Subject is a Prime 1,566 Square-Foot Tim Hortons on a .56-Acre Lot with Drive-Thru, Ample Parking, Pylon Signage, Easy Ingress/Egress, and Strategically Located at a Busy Intersection. Absolute NNN Lease with a 20-Year Base Term, 13 Years Remaining and Zero Landlord Responsibility | 2% Annual Rental Increases and 2 x 5-Year Options.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
