
5 Patterson Street
New Tecumseth - Beeton
5 Patterson Street
New Tecumseth - Beeton
Listed For $3,950,000
Get Pre-approvedAdded 1 month ago

New Tecumseth - Beeton
New Tecumseth - Beeton
Listed For $3,950,000
Get Pre-approvedAdded 1 month ago
5% cap rate!!! Tim Hortons with Drive-Thru!!!Rare opportunity to purchase a brand-new construction (2020), freestanding Tim Hortons with drive-thru and 23 dedicated parking stalls located on a prominent corner lot in Beeton's primary retail node. Triple Net (NNN) lease providing passive, 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-thru 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. Dur
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