5 Patterson Street N, New Tecumseth, ON L0G 1A0, New Tecumseth, ON
2695.0 sqft
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. 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 per 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 local commercial and employment uses, offering investors exposure to meaningful population growth without the congestion of larger urban centres. This trajectory is further reinforced by the Town's broader target of approximately 81,000 residents and over 31,000 jobs by 2051, positioning the Property to benefit from sustained long-term demand and increasing consumer density.
Property Highlights
For Sale
MLS NO.
N12989424
Type
Commercial
Sub Type
Commercial Retail
Square Footage
2695.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Commercial Retail
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
N12989424
Security Features
Yes
Lot Width
150.6
Lot Size
25704.19
Lot Size Units
SquareFeet
Garage Type
Plaza
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
5 Patterson Street N, New Tecumseth, ON L0G 1A0
City
New Tecumseth
Neighbourhood
Beeton
County / Region
Simcoe
Province / State
ON
Postal Code
L0G 1A0
Cross Street
Patterson Street North and Main Street
Directions
North-East Corner of Patterson Street North and Main Street
Country
CA
List Price
$3,950,000
Annual Taxes
$24,250
Tax Year
2025
Legal Description
PART LOT 11 CONCESSION 8 TECUMSETH, BEING PART 1 PLAN 51R42526 TOGETHER WITH AN EASEMENT OVER PART 1 PLAN 51R41519 AS IN SC1510803 TOWN OF NEW TECUMSETH
Possession Type
Flexible
Possession Details
TBD
Listing Office
CUSHMAN & WAKEFIELD
Board
Toronto Regional Real Estate Board
Original Entry
2026-04-13T13:08:04Z
Media Updated
2026-04-13T13:08:05Z
Photos Updated
2026-04-13T13:08:05Z
Last Modified
2026-07-22T13:02:07Z
System Modified
2026-07-27T22:15:59.6818Z
MLS Status
New
Co List Office Name
CUSHMAN & WAKEFIELD
Ddfyn
No
Expiration Date
2026-08-13
Heat Type Multi
Gas Forced Air Closed
Hstapplication
In Addition To
Occupant Type
Owner
Originating System Id
A00001796
Parcel Number
581580360
Parking Spaces
23
Public Remarks
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. 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 per 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 local commercial and employment uses, offering investors exposure to meaningful population growth without the congestion of larger urban centres. This trajectory is further reinforced by the Town's broader target of approximately 81,000 residents and over 31,000 jobs by 2051, positioning the Property to benefit from sustained long-term demand and increasing consumer density.
