429 1 St - Retail FOR SALE


Vanderhoof, BC V0J 0A8
$1,240,000 CAD
604-398-4341
429 1 St, Vanderhoof, BC for Sale
$1,240,000 CAD
Retail - FOR SALE
1/5
null | 7.02% Cap Rate

429 1 St
Vanderhoof, BC V0J 0A8


HIGHLIGHTS

  • 100% Leased to Kal Tire Ltd., a corporate tenant responsible for all operating costs, including utilities and day to day management.
  • Situated on Yellowhead Highway (Highway 16), the Subject Property benefits from exposure to over 5,000 vehicles per day (VPD).
  • The Subject Property operates as a retail automotive service center and showroom.
  • Provides businesses and residents with cost-effective access to major markets and expanded services.

OVERVIEW

Marcus & Millichap’s Western Canada NNN Group is pleased to present a three-property, triple-net (“NNN”) leased automotive retail portfolio located in Vanderhoof & Sparwood, B.C. and Regina, SK. Each property is leased to Kal Tire Ltd., Canada’s largest independent tire dealer, and is strategically positioned within established industrial or highway-oriented commercial nodes offering strong visibility and convenient access. The portfolio comprises over 46,700 SF of improvements across 3.44 acres and benefits from landlord-favourable NNN leases that provide stable, long-term income with minimal management obligations.

FOR SALE DETAILS

PRICE

$1,240,000 CAD

PRICE/SF

$200 CAD /SF

CAP RATE

7.02%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

C-2

APN/PARCEL ID

024-291-552

ASK ABOUT THIS PROPERTY

Joe GenestMarcus & MillichapMore Info
604-398-4341

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Joe GenestMarcus & MillichapMore Info
604-398-4341

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