6741 Veterans Pky - Supermarket FOR SALE


Columbus, GA 31909- North Columbus
$2,250,000 USD
404-812-8925
6741 Veterans Pky, Columbus, GA for Sale
$2,250,000 USD
Supermarket - FOR SALE
1/10
null | 6% Cap Rate

6741 Veterans Pky
Columbus, GA 31909
North Columbus


HIGHLIGHTS

  • New construction - lease signed August 2024
  • 15 year absolute NNN lease - 10% increases every 5 years with 2x5 year options
  • Tim Hortons first location in Georgia
  • Tim Hortons is one of the fastest growing QSR brands in the world with over 5,700 locations in 14 countries
  • Strong franchisee- Operates Popeye's, Tim Hortons, Checkers, & Moe's
  • Well located right off I-185 with an ideal location on the main retail artery of one of the most affluent areas on the north side of Columbus.

OVERVIEW

A chance to own the very first Tim Hortons in Georgia. This investment opportunity offering is an excellent opportunity to acquire newly developed free-standing Tim Hortons, located in Columbus, Georgia. The property will finish development and open for business in early 2024, have a 15 year NNN lease that includes 10% increases every 5 years, and two 5-year options. The franchisee is based in Atlanta, and currently operates Popeyes, Tim Hortons, Moe's, & Checkers locations. Tim Hortons is one of the fastest growing QSR brands in the world, and this is an ideal location for the restaurant. Columbus is located approximately 1.5 hours south of Atlanta. The area is home to a number of corporate headquarters, including: Aflac Insurance, Synovus, Carmike Cinemas, and more. Columbus is the 2nd largest city in Georgia, and was recently ranked by Best Life Magazine as #4 on the Top 100 Places to Raise a Family. The area continues to grow with new residential development, as the quality and high paying jobs continue to be added to the city. Located a short drive to the south is Fort Benning, which supports more than 120,000 active-duty military, family members, reserve soldiers, retirees, and civilian employees on a daily basis.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$1,125 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tim Hortons

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,000 SF

ZONING

-

APN/PARCEL ID

072-014-002

ASK ABOUT THIS PROPERTY

Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.