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Shopping Strip

5401 43 Street

5401 43 St, Bonnyville, AB T9N 0B2

Listing Price: $4,500,000

Cap Rate
6.33%
Gross SF
9,397
Rentable SF
9,397
Price/Gross SF
$478.88
Lot Size
2.17 acres
Year Built
2018

Investment 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.

Investment Highlights

  • Rarely available offering comprising 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.

Exclusively Listed By

Shopping Strip

5401 43 Street

Listing Price: $4,500,000

Cap Rate
6.33%
Gross SF
9,397
Rentable SF
9,397
Price/Gross SF
$478.88
Lot Size
2.17 acres
Year Built
2018

Investment Highlights

  • Rarely available offering comprising 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.

Investment 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.

Exclusively Listed By

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