6042 Hamilton RdColumbus, OH 43081

For Sale
$3,774,000

Ohio QSR, 14+ year lease, high ROI

Overview

Added:
Dec 11, 2024
Days on market:
91
Exceptional investment opportunity featuring a brand-new Torchy's Tacos restaurant in New Albany, Ohio. This 4,180 square foot, single-tenant property boasts a 15.1-year absolute NNN lease with 14.1 years remaining, offering significant passive income potential. The lease includes three 5-year renewal options with a 10% rent increase every five years, providing a strong hedge against inflation. Located on a 1.357-acre lot at the highly visible intersection of Hamilton Road and SR-161, this property benefits from exceptional traffic counts (SR-161: 98,024 ADT

Highlights

  • Brand new 15-year absolute NNN lease with 14.7 years remaining and three 5-year renewal options.
  • Zero landlord responsibilities due to absolute NNN lease structure.
  • 10% rent increases every 5 years, including renewal options.
  • Outparcel to Hamilton Quarter, a top-performing mixed-use development with over 500,000 SF of retail and medical space, and high annual traffic.
  • 2 minutes from New Albany International Business Park, a major employment center.
  • 5 miles from Intel's new $28B manufacturing facility, adding significant job growth.

Property Details for 6042 Hamilton Rd

Property type
Other retail properties, Restaurants
Square Feet
4,180 SF
Year Built
2023
Buildings
1
Lot Size (sq. ft)
59,111 SF
Units
1

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
40.0812842
Longitude
-82.8505434
6042 Hamilton Rd, Columbus, Ohio

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6042 Hamilton Rd
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