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Car Wash

8502 Resources Road

8502 Resources Rd, Grande Prairie, AB T8V 7Y2

Listing Price: $2,180,000

Cap Rate
7.43%
Tenant Name
2054816 Alberta Ltd. o.a Great Canadian Oil Change
Years Remaining On Lease
2.9
Guarantor
Franchisee Guarantee
Rentable SF
2,850
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$56.86

Investment Overview

The Vendor has exclusively retained Marcus & Millichap REIS Canada, Inc. to facilitate the sale of 8502 Resources Road, Grande Prairie, Alberta (the "Subject Property"). The Subject Property is a well-established, single-tenant, carefree NNN asset featuring a multi-store Valvoline franchise, operating under renowned brand name, Great Canadian Oil Change

Investment Highlights

  • Leased on a NNN and carefree basis to a multi-store franchisee, operating under renowned brand name, Great Canadian Oil Change.
  • Adjacent to Western Canada's largest Circle K Convenience Store & Gas Bar along with Starbucks drive-thru and Subway, this site draws a consistent flow of visitors.
  • Excellent frontage with multiple access points off of Resources Road, with exposure to over 23,000 vehicles per day.
  • Well-positioned to capitalize on the on-going population growth of Grande Prairie, one of the fastest growing communities in North America.

Exclusively Listed By

Car Wash

8502 Resources Road

Listing Price: $2,180,000

Cap Rate
7.43%
Tenant Name
2054816 Alberta Ltd. o.a Great Canadian Oil Change
Years Remaining On Lease
2.9
Guarantor
Franchisee Guarantee
Rentable SF
2,850
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$56.86

Investment Highlights

  • Leased on a NNN and carefree basis to a multi-store franchisee, operating under renowned brand name, Great Canadian Oil Change.
  • Adjacent to Western Canada's largest Circle K Convenience Store & Gas Bar along with Starbucks drive-thru and Subway, this site draws a consistent flow of visitors.
  • Excellent frontage with multiple access points off of Resources Road, with exposure to over 23,000 vehicles per day.
  • Well-positioned to capitalize on the on-going population growth of Grande Prairie, one of the fastest growing communities in North America.

Investment Overview

The Vendor has exclusively retained Marcus & Millichap REIS Canada, Inc. to facilitate the sale of 8502 Resources Road, Grande Prairie, Alberta (the "Subject Property"). The Subject Property is a well-established, single-tenant, carefree NNN asset featuring a multi-store Valvoline franchise, operating under renowned brand name, Great Canadian Oil Change

Exclusively Listed By

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