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Auto Service - Gas-Conv

6082 Main Street, Oliver, B.C

6082 Main St, Oliver, BC V0H 1T0

Listing Price: $1,365,000

Cap Rate
6.50%
Tenant Name
7-Eleven Canada, INC.
Years Remaining On Lease
4.6
Guarantor
Corporate Guarantee
Rentable SF
2,727
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$32.55

Investment Overview

Marcus & Millichap REIS Canada Inc. is excited to present the exclusive opportunity to acquire four single-tenant fuel station and convenience store properties, each featuring triple-net (NNN) leases supported by a strong corporate covenant with 7-Eleven Canada, Inc. These properties offer a hands-free investment, making them perfect for an investor seeking well-located, cash flowing assets with a reliable rental income stream.
Type: Three fuel stations with convenience stores and one convenience store only (no fuel station)
Acquisition Options: Offered on an "AS IS, WHERE IS" basis. Vendor will entertain offers as a portfolio sale or individual basis
Location: Exceptionally located within their respective markets on hard corners complemented by multiple access points
Lease Structure: Carefree, corporately backed triple-net (NNN) leases
Tenant: Longstanding and reliable, 7-Eleven Canada, Inc. with well-known branded fuel partners in Esso and Petro-Canada

Investment Highlights

  • NNN Lease: The tenant is operating on a carefree NNN lease with minimal Landlord responsibilities, with an expiry of August 31st, 2029, plus an option to renew.
  • Strong Tenant Tenure: 7-Eleven has maintained a strong presence at this location since 1992, demonstrating exceptional tenant longevity and reliability.
  • Prime Location: Strategically positioned on a main thoroughfare, the property offers excellent visibility and easy access to Fairview Road and Main Street (Hwy 97).
  • Tourism Destination: Known as the 'Wine Capital of Canada,' Oliver draws tens of thousands of visitors each year. With its renowned wineries and vibrant local attractions.
  • Growth Market: Oliver has experienced a remarkable population growth of 8.2% within 1 km of the property, with an average household income of $77,371 projected to rise to $98,767 by 2027.

Exclusively Listed By

Auto Service - Gas-Conv

6082 Main Street, Oliver, B.C

Listing Price: $1,365,000

Cap Rate
6.50%
Tenant Name
7-Eleven Canada, INC.
Years Remaining On Lease
4.6
Guarantor
Corporate Guarantee
Rentable SF
2,727
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$32.55

Investment Highlights

  • NNN Lease: The tenant is operating on a carefree NNN lease with minimal Landlord responsibilities, with an expiry of August 31st, 2029, plus an option to renew.
  • Strong Tenant Tenure: 7-Eleven has maintained a strong presence at this location since 1992, demonstrating exceptional tenant longevity and reliability.
  • Prime Location: Strategically positioned on a main thoroughfare, the property offers excellent visibility and easy access to Fairview Road and Main Street (Hwy 97).
  • Tourism Destination: Known as the 'Wine Capital of Canada,' Oliver draws tens of thousands of visitors each year. With its renowned wineries and vibrant local attractions.
  • Growth Market: Oliver has experienced a remarkable population growth of 8.2% within 1 km of the property, with an average household income of $77,371 projected to rise to $98,767 by 2027.

Investment Overview

Marcus & Millichap REIS Canada Inc. is excited to present the exclusive opportunity to acquire four single-tenant fuel station and convenience store properties, each featuring triple-net (NNN) leases supported by a strong corporate covenant with 7-Eleven Canada, Inc. These properties offer a hands-free investment, making them perfect for an investor seeking well-located, cash flowing assets with a reliable rental income stream. Type: Three fuel stations with convenience stores and one convenience store only (no fuel station) Acquisition Options: Offered on an "AS IS, WHERE IS" basis. Vendor will entertain offers as a portfolio sale or individual basis Location: Exceptionally located within their respective markets on hard corners complemented by multiple access points Lease Structure: Carefree, corporately backed triple-net (NNN) leases Tenant: Longstanding and reliable, 7-Eleven Canada, Inc. with well-known branded fuel partners in Esso and Petro-Canada

Exclusively Listed By

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