4913 50 Ave - Convenience Store FOR SALE


Drayton Valley, AB T7A 1J5
$1,250,000 CAD
604-562-4996
4913 50 Ave, Drayton Valley, AB for Sale
$1,250,000 CAD
Convenience Store - FOR SALE
1/3
null | 7.1% Cap Rate

4913 50 Ave
Drayton Valley, AB T7A 1J5


HIGHLIGHTS

  • The Subject Property is secured by a net lease structure under which the tenant is responsible for property taxes, utilities, and most maintenance.
  • 7-Eleven has successfully operated at the Subject Property for more than three decades, demonstrating the location's long-standing importance.
  • The Subject Property occupies a prominent corner lot in the heart of Drayton Valley's downtown commercial corridor.
  • Having operated from this location for decades, the tenant benefits from a well-established presence within the community.
  • Recent environmental reporting has been completed for the Subject Property and will be made available upon execution of a CA.

OVERVIEW

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire 4913 50 Avenue, Drayton Valley, Alberta (the "Subject Property"). The Subject Property represents a freestanding single-tenant commercial asset tenanted by 7-Eleven Canada, Inc., occupying a prominent corner-lot position in the heart of Drayton Valley's downtown commercial corridor. Benefiting from strong visibility, multiple points of access, and proximity to a diverse mix of retail, service, and community amenities, the property is well-positioned within one of the community's primary commercial nodes. As a key regional service centre supporting central Alberta's oil & gas, forestry, and agricultural industries, Drayton Valley provides a stable economic foundation and serves a broad surrounding trade area.

FOR SALE DETAILS

PRICE

$1,250,000 CAD

PRICE/SF

$470 CAD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

C-BUS

APN/PARCEL ID

0010-380-054

ASK ABOUT THIS PROPERTY

Curtis LeonhardtMarcus & MillichapMore Info
604-562-4996

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Curtis LeonhardtMarcus & MillichapMore Info
604-562-4996

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