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Restaurant

606 W Municipal Road

606 W Industrial Road, Hanna, AB T0J 1P0

Listing Price: $2,325,000

Cap Rate
6.71%
Tenant Name
The TDL Group Corp. (Tim Hortons)
Years Remaining On Lease
2.0
Guarantor
Corporate Guarantee
Rentable SF
2,700
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$57.78

Investment Overview

Marcus & Millichap REIS Canada Inc. is excited to present the opportunity for an investor to acquire 606 W Municipal Road (the "Subject Property"). The offering represents a stable, income-producing QSR drive-thru, secured by corporate covenant, the TDL Group Corp., who has been successfully
operating at this location since 2016. The Subject Property is operating on a completely NNN lease with minimal landlord responsibilities.

Investment Highlights

  • 100% occupied and secured by corporate covenant, The TDL Group Corp (Tim Hortons).
  • Carefree, NNN lease with minimal landlord responsibilities.
  • Strong-performing location with scheduled rental escalations every five years and fixed-rate renewal options.
  • Excellent exposure along Highway 9, with all turns access onto Palliser Trail and prominent pylon signage visibility.

Exclusively Listed By

Restaurant

606 W Municipal Road

Listing Price: $2,325,000

Cap Rate
6.71%
Tenant Name
The TDL Group Corp. (Tim Hortons)
Years Remaining On Lease
2.0
Guarantor
Corporate Guarantee
Rentable SF
2,700
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$57.78

Investment Highlights

  • 100% occupied and secured by corporate covenant, The TDL Group Corp (Tim Hortons).
  • Carefree, NNN lease with minimal landlord responsibilities.
  • Strong-performing location with scheduled rental escalations every five years and fixed-rate renewal options.
  • Excellent exposure along Highway 9, with all turns access onto Palliser Trail and prominent pylon signage visibility.

Investment Overview

Marcus & Millichap REIS Canada Inc. is excited to present the opportunity for an investor to acquire 606 W Municipal Road (the "Subject Property"). The offering represents a stable, income-producing QSR drive-thru, secured by corporate covenant, the TDL Group Corp., who has been successfully operating at this location since 2016. The Subject Property is operating on a completely NNN lease with minimal landlord responsibilities.

Exclusively Listed By

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