Tim Hortons | White Castle Ground Lease
$2,020,000
1000-1020 North Bridge Street, Chillicothe, OH 45601
For Sale
Retail
Free Standing
Active
Last Updated: 01/26/2026
6
Cap Rate
121,205
NOI
Details:
Cap Rate: 6%
NOI: $121,205
Building Size: 5,424 sqft
Lot Area: 2.6 acres
Highlights:
- Tim Hortons & White Castle | Ground Leases With Zero Landlord Responsibilities
- Both Tenants Have Occupied The Site For Over 15 Years, Demonstrating Long-Term Commitment To The Location.
- White Castle Lease Features (4) Five-Year Renewal Options With 10% Rental Increases
- Tim Hortons Has Occupied The Site Since 2004 and Has 1 Remaining Five-Year Renewal Option | 12.5% Increase
- Over 37,000 People Within 5 Miles of Subject Property With An Average Household Income Exceeding $68,000
- Prime Retail Corridor Location Along Bridge Street With Traffic Counts Exceeding 30,000 Vehicles Per Day - Located Across from Chillicothe Place: 100K SF Shopping Center Anchored by Kroger, Lowe’s, and Hobby Lobby
Description:
Tim Hortons | White Castle Ground Lease
Chilicothe
Location
Gallery
