2,700 ft2
Fully Air Conditioned
Forced Air
$2,100,000
2700 sqft drive thru unit for sale leased to Tim Hortons. Prime investment opportunity featuring a standalone Tim Hortons located in the rapidly growing community of Shelburne, Ontario. This modern drive-thru location offers high visibility, strong traffic exposure, and proximity to major retail anchors and residential developments. The property is leased to Tim Hortons, Canada's leading quick-service coffee brand, providing a secure, long-term income stream for investors. Entering the 6th year of the lease with 15 years remaining with additional extension options. This is a long term hold AAA investment. 5% cap rate. (id:60626)
Property Details
|
MLS® Number
|
X12548418 |
|
Property Type
|
Business |
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Community Name
|
Rural Melancthon |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Forced Air |
|
Size Interior
|
2,700 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Zoning Description
|
Commercial |