Investment Property
Available
5 Patterson Street North
5 Patterson Street North, New Tecumseth, ON L0G 1A0 Canada
Building Size
2,695 SF
Lot Size
25,704 SF / .59 Acres
Built
2020
Building Size
2,695 SF
Lot Size
25,704 SF / .59 Acres
Built
2020
OVERVIEW
5% cap rate! Tim Hortons with drive-through! Rare opportunity to purchase a brand-new construction (2020), freestanding Tim Hortons with drive-through and 23 dedicated parking stalls located on a prominent corner lot in Beeton's primary retail node. Triple Net (NNN) lease providing mssive, management-free income. Tim Hortons is Canada's largest coffee chain (3,500 + locations nationally; 6,000 + globally) with exceptional same-store sales performance. Only drive-through in the immediate trade area with no nearby Starbucks or McDonald's. Shadow-anchored by Foodland, LCBO, and Shoppers Drug Mart, with Petro-Canada across the street. Adjacent to the ~$175M Simcoe Manor redevelopment (under construction). Located in New Tecumseth, a high-growth market with population projected to approach ~14,000. Durable and defensive income with one of Canada's most recognizable retail brands. Positioned within one of New Tecumseth's fastest-growing residential nodes, Beeton is projected to welcome over 7,000 new residents by 2051, supported by a combination of approved developments and strategic boundary expansions. This growth is underpinned by 165 hectares of new land, with approximately 78.7 hectares of developable area planned at a density of 55 people and jobs her hectare, delivering complete, livable communities with a strong mix of housing, services, and infrastructure. Set to capture 17.2% of the Town's expansion growth, Beeton is evolving into a key residential hub complemented by loc
Details
- Building Size:
- 2,695 SF
- Sale Price:
- Contact us for pricing
- Lot Size:
- 25,704 SF / .59 Acres
- Year Built:
- 2020