Investment Property Available
For Sale Street Retail

5 Patterson Street North

5 Patterson Street North, New Tecumseth, ON L0G 1A0 Canada
Investment Property Available
For Sale Street Retail

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
5 Patterson Street North

LOCATION

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS