244 Graham Road

Single Tenant Retail Investment Opportunity: 2,240 SF on 0.77 acres
Brand new quick service freestanding retail property leased to Tim Hortons with a double lane drive-thru

42.6043725, -81.6075729

Main Intersection
Graham Road & Munroe Street
Elgin County, West Elgin

244 Graham Road
West Elgin ON N0L 2P0

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Land Information

Total Size
0.77 acres

Building Information

Overall Building Size
2,240 SF
Building Type
Retail with drive-thru
C1 - Village Core Zone
MLS Number(s)
Property Highlights
  • Single tenant property fully leased to Tim Hortons
  • Brand-new development set to be completed by December 2023
  • Long term 20 year lease with TDL corporate covenant
  • Double lane drive-thru
  • Contractual rental increments every 5 years
  • 2 minute drive from Highway 401 on/off ramps

The Offering

Lennard Commercial Realty, Brokerage (the “Advisor”) has been retained on an exclusive basis by Canadian Commercial (West Lorne) Inc. (the “Vendor”) to offer for sale a 100% freehold interest in a brand-new freestanding single tenant retail property located at 244 Graham Rd, West Elgin, ON (the “Property”).

The offering represents an exciting and rare opportunity to acquire a new quick service restaurant asset leased to Tim Hortons (the “Tenant”). As Canada’s leading coffee chain, Tim Hortons has nearly 4,000 locations across the country. The Tenant has signed a 20 year lease commitment and is set to open by December 2023. The asset benefits from a double lane drive-thru to help accommodate the large expected in-flow of vehicular customer traffic. With a national corporate covenant on the head lease, the Property provides for a stable and predictable long-term cash flow to any prospective investor.

The Property is located in West Elgin, Ontario at the corner of Graham Rd and Munroe Street. West Elgin is a bustling community within the county of Elgin and located just west of London, ON. The asset is a short drive from the on/off ramps of Hwy 401 and is strategically positioned to service not only the surrounding community but 401 commuters as well.