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Vacant-User

101 Aspen Drive

111 Aspen Dr, Sparwood, BC V0B 2G0

Listing Price: $3,800,000

Cap Rate
4.73%
Gross SF
2,700
Rentable SF
2,700
Price/Gross SF
$1,407.41
Lot Size
0.71 acres
Year Built
2015

Investment Overview

The Vendor has exclusively retaine Marcus & Millichap REIS Canada Inc. to facilitate the sale of C-101 Aspen Drive, Sparwood, B.C. (the "Subject Property"). The Subject Property represents an opportunity to acquire a Freestanding, single-tenant drive-thru leased to The TDL Group Corp. (Tim Hortons) operating on a long-term, NNN lease secured by corporate covenant

Investment Highlights

  • Freestanding, single-tenant drive-thru leased to The TDL Group Corp. (Tim Hortons) operating on a long-term, NNN lease secured by corporate covenant
  • Stable, income-producing investment property with built-in rental escalations every five years
  • Long-term tenancy with contractual commitment until 2030, with additional renewal options
  • Coveted drive-thru, well-positioned to capitalize on the daily influx and outflux of vehicular traffic of both passerbys and residents

Exclusively Listed By

Listing Price: $3,800,000

Cap Rate
4.73%
Gross SF
2,700
Rentable SF
2,700
Price/Gross SF
$1,407.41
Lot Size
0.71 acres
Year Built
2015

Investment Highlights

  • Freestanding, single-tenant drive-thru leased to The TDL Group Corp. (Tim Hortons) operating on a long-term, NNN lease secured by corporate covenant
  • Stable, income-producing investment property with built-in rental escalations every five years
  • Long-term tenancy with contractual commitment until 2030, with additional renewal options
  • Coveted drive-thru, well-positioned to capitalize on the daily influx and outflux of vehicular traffic of both passerbys and residents

Investment Overview

The Vendor has exclusively retaine Marcus & Millichap REIS Canada Inc. to facilitate the sale of C-101 Aspen Drive, Sparwood, B.C. (the "Subject Property"). The Subject Property represents an opportunity to acquire a Freestanding, single-tenant drive-thru leased to The TDL Group Corp. (Tim Hortons) operating on a long-term, NNN lease secured by corporate covenant

Exclusively Listed By

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