818 18 St - Freestanding FOR SALE


Fort Macleod, AB
$3,960,000 CAD
236-757-8889
818 18 St, Fort Macleod, AB for Sale
$3,960,000 CAD
Freestanding - FOR SALE
1/4
null | 6% Cap Rate

818 18 St
Fort Macleod, AB


HIGHLIGHTS

  • Freestanding, newly constructed 10,105 SF singletenant building situated on a 0.76-acre site, zero near-term capital expenditure req.
  • 100% leased to Dollarama LP, backed by one of the most familiar retail brands in the country and structured with minimal landlord responsibilities.
  • New 15-year initial lease term with built in rental rate escalations and multiple renewal options, providing secure, long-term cash flow.
  • Located at the corner of 18 Street and Crowsnest Highway (Highway 3), with exposure to approximately 11,000 vehicles per day ("VPD").
  • The property benefits from highway traffic passing through Fort Macleod, is directly across from the city’s largest grocer.
  • features approximately 146 feet of frontage along Highway 3.

OVERVIEW

We are pleased to present the opportunity to acquire 818 18 Street, Fort Macleod, Alberta (the “Subject Property”). The Subject Property features a newly constructed 10,105 SF single-tenant building situated on a 0.76-acre site, and is 100% secured by strong corporate covenant, Dollarama LP, on a triple-net (“NNN”) lease, providing minimal landlord responsibilities. The investment is secured by a 15-year initial lease term with multiple renewal options, offering long-term, stable cash flow.

FOR SALE DETAILS

PRICE

$3,960,000 CAD

PRICE/SF

$392 CAD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollarama

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

GC

APN/PARCEL ID

0038953634

ASK ABOUT THIS PROPERTY

Jon BuckleyMarcus & MillichapMore Info
236-757-8889

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Jon BuckleyMarcus & MillichapMore Info
236-757-8889

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