Skip to main content

Vacant-User

101 Aspen Drive

111 Aspen Dr, Sparwood, BC V0B 2G0

Listing Price: $3,500,000

Cap Rate
5.14%
Gross SF
2,700
Rentable SF
2,700
Price/Gross SF
$1,296.30
Lot Size
0.71 acres
Year Built
2015

Investment Overview

Marcus & Millichap REIS Canada Inc. is pleased to present for sale an opportunity for an investor to acquire a standalone, Tim Hortons drive-thru in Sparwood, B.C. The subject property represents a stable, income producing property operating on a carefree, NNN lease secured by a desirable corporate covenant and features drive-thru capabilities.

Investment Highlights

  • Single-tenant drive-thru secured by corporate covenant, TDL Group Corp. (Tim Hortons)
  • Stable, income-producing investment property commitment until 2030, and with built-in rental escalations every five years
  • Coveted drive-thru, well-positioned to capitalize on the daily influx and outflux of vehicular traffic of both passerbys and residents
  • Tenant is responsible for all day-to-day management of the property including snow removal, landscaping, garbage removal, HVAC maintenance, etc

Exclusively Listed By

Vacant-User

101 Aspen Drive

Listing Price: $3,500,000

Cap Rate
5.14%
Gross SF
2,700
Rentable SF
2,700
Price/Gross SF
$1,296.30
Lot Size
0.71 acres
Year Built
2015

Investment Highlights

  • Single-tenant drive-thru secured by corporate covenant, TDL Group Corp. (Tim Hortons)
  • Stable, income-producing investment property commitment until 2030, and with built-in rental escalations every five years
  • Coveted drive-thru, well-positioned to capitalize on the daily influx and outflux of vehicular traffic of both passerbys and residents
  • Tenant is responsible for all day-to-day management of the property including snow removal, landscaping, garbage removal, HVAC maintenance, etc

Investment Overview

Marcus & Millichap REIS Canada Inc. is pleased to present for sale an opportunity for an investor to acquire a standalone, Tim Hortons drive-thru in Sparwood, B.C. The subject property represents a stable, income producing property operating on a carefree, NNN lease secured by a desirable corporate covenant and features drive-thru capabilities.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower