5401 43 St - Fast Food FOR SALE
Bonnyville, AB T9N 0B2 |
$4,500,000 CAD
587-329-1581
5401 43 St
Bonnyville, AB T9N 0B2
HIGHLIGHTS
- Three buildings, featuring Tim Hortons and Mary Brown’s Chicken drive-thrus, along with Little Caesars and NAP Liquor as tenants.
- All tenants operate under carefree NNN leases with minimal landlord responsibilities, secured by strong franchisee and corporate covenants.
- Convenient ingress and egress with full turning access off 54 Avenue.
- Ample surface parking, including truck parking, across the expansive 2.17-acre site provides convenient access for customers.
- Excellent exposure and access to Highway 28, the main route connecting Edmonton to Bonnyville.
OVERVIEW
Marcus & Millichap Western Canada NNN Group is pleased to present the opportunity for an investor to acquire a QSR drive-thru anchored retail strip centre located at 102 & 103 5401 43 Street in Bonnyville, Alberta (the "Subject Property"). The offering consists of three freestanding buildings that are 100% leased to Tim Hortons (drive-thru), Mary Brown’s Chicken (drive-thru), Little Caesars Pizza, and NAP Liquor. All tenants are secured by strong corporate and franchisee covenants, and are operating on longterm, carefree, NNN leases providing a stable cash-flow investment with future upside via rental rate growth.
FOR SALE DETAILS
PRICE
$4,500,000 CAD
PRICE/SF
$479 CAD /SF
CAP RATE
6.33%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
102, 103 & 5401 43 Street
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.17 AC
LAND SF
94,525 SF
ZONING
C4
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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587-329-1581
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587-329-1581
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