5630 Highway 34 - Restaurant FOR SALE


Champlain, ON K0B 1R0
$4,750,000 CAD
613-769-3864
5630 Highway 34, Champlain, ON for Sale
$4,750,000 CAD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

5630 Highway 34
Champlain, ON K0B 1R0


HIGHLIGHTS

  • Excellent investment opportunity, 20 year lease with Tim Hortons
  • Opportunity to expand on lot; perfect for convenience store or service centre
  • Ample parking
  • Road exposure with signage
  • Strategic location
  • Immediate revenue generation

OVERVIEW

Looking for a solid, long-term investment opportunity, with future expansion capabilities. Very rare is there an opportunity to purchase a stand-alone Tim Hortons with a long term lease in place. This high-traffic commercial property is located on Highway 34 in the charming town of Vankleek Hill. The Tim Hortons was build in in 2021 and there is a 20-year contract lease. Infrastructure is in place, including a MTO-approved entrance, for the excess land component. Perfect for a service centre, convenience store, etc., complimentary to the Tim Hortons. With its strategic location and traffic generated by Tim Hortons, and established infrastructure, this property offers immediate revenue generating capabilities and future growth with additional development.

FOR SALE DETAILS

PRICE

$4,750,000 CAD

PRICE/SF

$1,240 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tim Hortons

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.43 AC

LAND SF

105,984 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael SimonCLV REALTY CORPORATION, BROKERAGEMore Info
613-769-3864

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Michael SimonCLV REALTY CORPORATION, BROKERAGEMore Info
613-769-3864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.