301 11 Ave E - Convenience Store FOR SALE
Kindersley, SK S0L 1S0 |
$998,000 CAD
604-562-4996
301 11 Ave E
Kindersley, SK S0L 1S0
HIGHLIGHTS
- Secured on a long-standing net lease, providing a landlord with a secure investment requiring minimal responsibility.
- The tenant is fully responsible for property taxes, and maintenance, making this a carefree investment for the landlord.
- Secured by corporate tenant 7-Eleven Canada, Inc., part of a global leader in the convenience store sector. 7-Eleven operates over 85,000 locations.
- Positioned on 11th Avenue with direct frontage on Saskatchewan Highway 7. Located at the trafficked intersection of 2 Street SE and 11 Avenue E
- Fuel volume data for the past three years will be provided upon execution of a Confidentiality Agreement.
- The tenant assumes responsibility for all environmental matters and risks associated with the Subject Property.
OVERVIEW
Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire 301 11 Avenue East, Kindersley, Saskatchewan (The “Subject Property”). The Subject Property represents a stable, freestanding single-tenant property tenanted by 7-Eleven Canada, Inc., successfully operating at this location since 1989. The tenant is operating on a net lease with minimal landlord responsibilities.
FOR SALE DETAILS
PRICE
$998,000 CAD
PRICE/SF
$291 CAD /SF
CAP RATE
7.37%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.88 AC
LAND SF
38,146 SF
ZONING
C3
APN/PARCEL ID
119706802
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604-562-4996
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604-562-4996
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