45837 Yale Road

$3,900,000 |   MLS® Number  C8074343

Retail for sale in Chilliwack Downtown, Chilliwack, Chilliwack, 45837 Yale Road, 224979412 | Realtylink.org

Retail for sale

Year Built
1994
Floor Area
2,815 sqft
Lot Size
19,166 sqft
Gross Property Tax
$25,762.01 /year
Building Type
Freestanding
Building / Complex Name
Tim Hortons
Zoning
CS-1 SERVICE COMMER
# of Parking Spaces
15
94

Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant drive-thru located at 45837 Yale Road, Chilliwack, B.C. (the "Subject Property"). The Subject Property presents a rarely available QSR investment offering in Chilliwack, featuring an absolute net lease to the TDL Group Corp. (Tim Hortons). 100% leased to The TDL Group Corp. (Tim Hortons), providing the security of a strong national covenant from Canada’s leading quick-service restaurant chain, operating over 4,000 locations nationwide. The tenant operates on an absolute net lease with no landlord responsibilities, including for major repairs or structural components. Annual rent escalations and a management fee provides a stable and growing income stream.