360 Taylor Ave - Retail FOR SALE


100 Mile House, BC V0K 2E1
$1,595,000 CAD
604-675-5216
360 Taylor Ave, 100 Mile House, BC for Sale
$1,595,000 CAD
Retail - FOR SALE
1/2
null | 7% Cap Rate

360 Taylor Ave
100 Mile House, BC V0K 2E1


HIGHLIGHTS

  • 100% leased to Kal Tire Ltd., one of Canada's largest independent tire dealers with over 280 locations nationwide and more than 70 years of operating.
  • Kal Tire is responsible for all operating costs, including property taxes, utilities, and day to day management - minimal landlord involvement
  • Kal Tire has operated at this location for over 25 years, demonstrating the location's strong performance and importance within the company's network.
  • Located in the established commercial core of 100 Mile House, just off Highway 97, the South Cariboo's primary north-south arterial.
  • 100 Mile House is the primary commercial and service centre for the South Cariboo and the largest community between Kamloops and Williams Lake.

OVERVIEW

Marcus & Millichap's Western Canada NNN Group is pleased to present the opportunity to acquire 360 Taylor Avenue, 100 Mile House, British Columbia (the "Subject Property"). The Subject Property is a single-tenant automotive service facility leased to Kal Tire Ltd., one of Canada's largest independent tire dealers with over 280 retail and commercial locations nationwide. Situated on a 1.23-acre site fronting Highway 97 (the South Cariboo's primary commercial corridor) the property serves as the region's established tire and automotive service anchor and benefits from a longstanding tenancy and a landlord-favourable net lease structure.

FOR SALE DETAILS

PRICE

$1,595,000 CAD

PRICE/SF

$233 CAD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kal Tire

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

C2

APN/PARCEL ID

029-723-868

ASK ABOUT THIS PROPERTY

Armaan SohiMarcus & MillichapMore Info
604-675-5216

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Armaan SohiMarcus & MillichapMore Info
604-675-5216

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.