Chilliwack Starbucks Building

45604 Airport Road, Chilliwack, BC

A Newly Built Drive-Thru Whose Tenant is Starbucks. This commercial building is located at a highly trafficked intersection in the City of Chilliwack, BC.

This property sold out to 800+ Canadians! These awesome investments go fast and they are reserved for our members.

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5 Years

Estimated distribution schedule




*We estimate a 10.45% IRR on this property. The key numbers to explain how we make this estimate are located within your addy account. Investments in this property were restricted to British Columbia residents. Qualified members could invest from $1 and up to $1,500.

The Starbucks Building Story

The building located at 45604 Airport Road in Chilliwack was listed on our platform on August 11, 2020. It sold out to 800+ investors (63 from Chilliwack) with an average investment of $381. Investments ranged from $1 to $1,500. The investment thesis: Initial hold of 5 years with the potential to sell the property if advantageous.

This image shows the spread of investors across the Greater Vancouver Area.

Video updates

property updates

📷 The GRAM

Property highlights

  • Freestanding, single-tenant drive-thru building comprised of 2,146 SF new build retail
  • 12 owned parking stalls
  • 100% occupied by Starbucks
  • Built in 2019
  • Starbucks is an American coffee company and coffeehouse chain founded in 1971
  • Starbucks operates 30,000 stores across 80 markets (as of June 30, 2019)
  • Starbucks Corporation’s common stock is listed on NASDAQ, under the trading symbol SBUX.

Investment Type: Core

Risk profile: 


Investor type:

For investors looking to generate stable income with very low risk.

What defines the risk level?  

A Core investment usually requires very little management from owners and are usually occupied with tenants on long-term leases. They are typically acquired and held.

thoughts from our board member

“The tenant (Starbucks) has solid financial strength, the building has a great location and a well-designed and very functional drive-thru, there is a good return in terms of cash flow, with contractual rent steps that go up every year,” said Steve Evans, addy board member and President of Sunstone Realty Advisors and Co-Founder and former CEO of Pure Industrial Real Estate Trust and Pure Multi-Family REIT LP. “The asset has a triple net or carefree-lease and given the COVID 19 pandemic, we are getting it at a very good cap rate. Plus, Chilliwack is an affordable market compared to Vancouver and it is growing quickly – businesses like the new Molson Brewery are driving job creation in the area further strengthening the economic outlook for the city.”

steve evans
board member


45604 Airport Road

What our members are saying

“It was an easy way to invest some funds in real estate that I would normally not be able to afford on my own. It’s great to be part of something that is creating a new way of investing.”

Klaus / Toronto, ON

“My wife and I are excited to have discovered addy, and invested in a Starbucks location nearby — it’s nice to be able to participate in owning commercial real estate without putting up a bunch of money, and knowing we can drive by it anytime makes it more fun than buying stocks!” 

Shawn / Nanaimo, BC

“This is God sent, if you ask me. A chance to own a slice of commercial properties all over the country. An opportunity I otherwise wouldn’t have had had it not been for addy. I can’t thank addy enough. I eagerly await for addys to drop and with each investment, I know I’m actively improving my financial future.”

Jocelyn Armah / Google Review

How Do You Make Money?

You can make money in 2 ways:

  1. Sale of the Property: When the property is sold, any appreciation is paid back to investors in addition to their investment principal.
  2. Rental Income: When tenants pay rent, additional cash flow can be passed back to investors in the form of a distribution.

Details are outlined in the Offering Memorandum for each property.