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View of commercial location
Photo 1: 45837 Yale Road in Chilliwack: Chilliwack Downtown Retail for sale in "Tim Hortons" : MLS®# C8074343
Photo 2: 45837 Yale Road in Chilliwack: Chilliwack Downtown Retail for sale in "Tim Hortons" : MLS®# C8074343
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8074343
Bus Major:
Food & Beverage
Build. Type:
Freestanding
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). 100% leased to The TDL Group Corp. (Tim Hortons), providing the security of a strong national covenant from Canada’s leading quick-service restaurant chain, operating over 4,000 locations nationwide. The tenant operates on an absolute net lease with no landlord responsibilities, including for major repairs or structural components. Annual rent escalations and a management fee provides a stable and growing income stream.
Sale Type:
Asset or Share
Lease Term:
60 Months
Sublease:
Yes
Ownership:
Freehold
Property Type:
Retail
Commercial Type:
Retail
Business Type:
Food & Beverage, Fast Food
Construction:
Mixed
Name of Complex/Subdivision:
Tim Hortons
Building Type:
Freestanding
Year built:
1994 (Age: 31)
Living Area:
2,815 sq. ft.
Subject Space Width:
2815'
Contiguous Spc:
2,815 sq. ft.
Minimum Divisible Area:
2,815 sq. ft.
Lot Area:
19,166.4 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
008264350
Taxes:
$25,762.01 / 2025
No
Yes
Yes
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 45837 Yale Road in Chilliwack: Chilliwack Downtown Retail for sale in "Tim Hortons" : MLS®# C8074343
    View of commercial location
  • Photo 2: 45837 Yale Road in Chilliwack: Chilliwack Downtown Retail for sale in "Tim Hortons" : MLS®# C8074343
    View of commercial property with uncovered parking
Listed by Marcus & Millichap
Data was last updated December 6, 2025 at 12:40 AM (UTC)
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