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$ 1,425,000
Est. payment | /mo
2,700 SqFt
$ 1,425,000
Est. payment | /mo
2,700 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $527
MLS® Listing ID C8060032
Originating Board BC Northern Real Estate Board
Year Built 1999
Lot Size 0.600 Acres
Acres 26136.0
Property Description
Fully leased 2,700 square foot convenience store to a national tenant on 0.6 of an acre (sale of land and building only). Currently in the 5th year of a 5 year lease term with Circle K. Tenant has occupied the Property for over 20 years. In place net income generates a 6.33% cap rate on asking price. Renewal net income (starting in February 2025) will produce a 7% cap rate on asking price. (id:24570)
Location
State BC
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by Coldwell Banker Horizon Realty
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