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$ 3,200,000
Est. payment | /mo
2,720 SqFt
$ 3,200,000
Est. payment | /mo
2,720 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,720 sqft
Price per Sqft $1,176
MLS® Listing ID A2187611
Originating Board Calgary Real Estate Board
Year Built 1991
Property Description
e exclusive opportunity to acquirea 100% freehold interest in Slave Lake 7-Eleven (the “Property”), locatedat 100 - 6 Avenue SW, Slave Lake, Alberta.Slave Lake 7-Eleven gas station and convenience store consists of 2,720square feet of leasable area on a 0.46-acre lot. 7-Eleven has occupiedthe site as a single tenant for with full corporate guarantee by theparent company. An incoming investor benefits from exceptionalincome stability contractual rental increases. The lease structure isAbsolute NNN and tenant is responsible for property taxes, insurance,roof, and structure. The tenant holds three additional five-year optionsto renew with 10% preset increases to base rent.Situated on a prominent corner lot, the Property is well-positioned alongMain Street, the primary retail corridor in Slave Lake. With access fromboth Main Street and 6 Avenue, Slave Lake 7-Eleven benefits from 9,160vehicles passing by daily (2024). Main Street Slave Lake attracts locals,employees, tourists, and residents of the surrounding Municipal Districtof Lesser Slave River for shopping and daily service needs. (id:24570)
Location
Province AB
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by Honestdoor Inc.