Tim Hortons

3663 Mt. Read Blvd, Greece, NY
Deal Type:
Net Lease
Price:
$630,000
Cap Rate:
5.5%
Current Rent:
$34,650
Lease Type:
Ground Lease
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 3 years
Renewal Options:
Two, 5-year options
Building Sq. Ft.:
2,810

Investment Highlights

  • Absolute NNN lease ground lease, zero landlord responsibilities
  • Excellent location, access and visibility between Wegmans and Aldi on major retail corridor
  • Under market rent with out-sized increase in 1st and 2nd option periods
  • COVID friendly concept, essential business, with drive-through
  • Above average incomes and population demographics within 5 minute drive

Listing Agents

Philip DiGennaro

Managing Director
203 610 1541
Phil@stream-cp.com

Connor Shell

Managing Director
407 913 9009
connor@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

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