Shopping Community
9704 112 Steet, Fort St. John, B.C.
9704 112 St, Fort St. John, BC V1J 7C7
Listing Price: $2,380,000
Investment Overview
Marcus & Millichap is pleased to present for sale an opportunity to acquire a single-tenant Tim Hortons drive-thru located at 9704 112 Street, Fort St. John, B.C. (the “Subject Property”). The Subject Property represents a stable, income-producing asset operating on a carefree NNN lease secured by a corporate covenant, The TDL Group Corp.
9704 112 Steet, Fort St. John, B.C.
Investment Highlights
- Carefree NNN lease with term until December 2036 and contractual rental escalations every five years.
- The tenant is responsible for all day-to-day management of the property including snow removal, landscaping, garbage removal, HVAC maintenance, etc.
- Strong performing location. Tim Hortons has been operating at this location since 2016 and is to capitalize on the daily in-flux of highway travelers, nearby businesses and main arterial to Site C Dam
- The Subject Property benefits from its prime exposure along the Alaska Highway (Highway 97), the arterial route servicing Fort St. John, and the nearby towns and cities throughout the Peace Region.
- The TDL Group Corp. is the licensing company for Tim Hortons, Canada's largest purveyor of coffee and baked goods with over 3,530 locations across Canada.
Exclusively Listed By
Listing Price: $2,380,000
Investment Highlights
- Carefree NNN lease with term until December 2036 and contractual rental escalations every five years.
- The tenant is responsible for all day-to-day management of the property including snow removal, landscaping, garbage removal, HVAC maintenance, etc.
- Strong performing location. Tim Hortons has been operating at this location since 2016 and is to capitalize on the daily in-flux of highway travelers, nearby businesses and main arterial to Site C Dam
- The Subject Property benefits from its prime exposure along the Alaska Highway (Highway 97), the arterial route servicing Fort St. John, and the nearby towns and cities throughout the Peace Region.
- The TDL Group Corp. is the licensing company for Tim Hortons, Canada's largest purveyor of coffee and baked goods with over 3,530 locations across Canada.
Investment Overview
Marcus & Millichap is pleased to present for sale an opportunity to acquire a single-tenant Tim Hortons drive-thru located at 9704 112 Street, Fort St. John, B.C. (the “Subject Property”). The Subject Property represents a stable, income-producing asset operating on a carefree NNN lease secured by a corporate covenant, The TDL Group Corp.
Exclusively Listed By
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