Chilliwack, BC V2P 2N6,45837 Yale RD
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Chilliwack, BC V2P 2N6,45837 Yale RD
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$ 3,900,000
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45837 Yale RD Chilliwack, BC V2P 2N6

0.44 Acres Lot


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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type Asset or Share

MLS Listing ID C8074343

Year Built 1994

Lot Size 0.440 Acres

Property Sub-Type Retail

Property Description

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.

Location

Province BC

Community Chilliwack Downtown

Area Chilliwack

Zoning CS-1 SERVICE COMMER

Exterior

Total Parking Spaces 15

Building

Sewer Public Sewer

Water Public

Others

Restrictions None Known

Ownership Freehold


REBGV/FVREB/Chilliwack/BC Northern (Commercial IDX)
Huna Yoo
Huna Yoo

Founder of HUNA Real Estate Company | License ID: V98725

+1(778) 322-6647 | huna.yoo.22@gmail.com

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45837 Yale RD