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Restaurant

107-9024 90 Avenue

9024 90 Ave, Lac la Biche, AB T0A 2C0

Listing Price: $2,830,000

Cap Rate
6.00%
Tenant Name
The TDL Group Corp.
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
2,700
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$62.96

Investment Overview

The Subject Property represents a newly constructed, income-producing QSR drive-thru, secured by corporate covenant, The TDL Group Corp. The tenant is operating on a 20-year completely NNN lease
with minimal landlord responsibilities.

Investment Highlights

  • Completely carefree 20-year NNN lease with contractual rental escalations every five years
  • 100% occupied and secured by corporate covenant, The TDL Group Corp (Tim Hortons).
  • Brand new construction with excellent exposure along Highway 881/663 with all turns access onto Beaverhill Road and prominent pylon signage visibility.
  • The Subject Property is the only Tim Hortons restaurant within an ~85 KM radius.
  • The tenant is responsible for all day-to-day management of the property

Exclusively Listed By

Restaurant

107-9024 90 Avenue

Listing Price: $2,830,000

Cap Rate
6.00%
Tenant Name
The TDL Group Corp.
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
2,700
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$62.96

Investment Highlights

  • Completely carefree 20-year NNN lease with contractual rental escalations every five years
  • 100% occupied and secured by corporate covenant, The TDL Group Corp (Tim Hortons).
  • Brand new construction with excellent exposure along Highway 881/663 with all turns access onto Beaverhill Road and prominent pylon signage visibility.
  • The Subject Property is the only Tim Hortons restaurant within an ~85 KM radius.
  • The tenant is responsible for all day-to-day management of the property

Investment Overview

The Subject Property represents a newly constructed, income-producing QSR drive-thru, secured by corporate covenant, The TDL Group Corp. The tenant is operating on a 20-year completely NNN lease with minimal landlord responsibilities.

Exclusively Listed By

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