45837 Yale Rd - Fast Food FOR SALE
Chilliwack, BC V2P 2N6 |
$3,900,000 CAD
604-398-4341
45837 Yale Rd
Chilliwack, BC V2P 2N6
HIGHLIGHTS
- 100% leased to The TDL Group Corp. (Tim Hortons), providing the security of a strong national covenant from Canada’s leading quick-service restaurant.
- The tenant operates on an absolute net lease with no landlord responsibilities, including for major repairs or structural components.
- The surrounding trade area population increased 16.8% from 2019 to 2024 and is projected to grow an additional 18.4% from 2024 to 2029.
- The property benefits from prime frontage on Yale Road with exposure to approximately 18,500 vehicles per day (VPD).
OVERVIEW
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).
FOR SALE DETAILS
PRICE
$3,900,000 CAD
PRICE/SF
$1,385 CAD /SF
CAP RATE
4%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
0.44 AC
LAND SF
19,166 SF
ZONING
-
APN/PARCEL ID
008-264-350
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604-398-4341
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604-398-4341
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