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Vacant-User

192 Main St

192 Main St, Cardston, AB T0K 0K0

Listing Price: $950,000

Cap Rate
6.98%
Gross SF
2,422
Rentable SF
2,422
Price/Gross SF
$392.24
Lot Size
0.37 acres
Year Built
2004

Investment Overview

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an investor to acquire 192 Main Street, Cardston, Alberta (the "Subject Property"). The Subject Property represents a stable, freestanding, single-tenant property, tenanted by Fas Gas Plus, successfully operating at this location since 2004. The tenant is operating on a completely NNN lease with minimal landlord responsibilities.

Investment Highlights

  • 100% leased and secured by a longstanding, experienced corporate tenant, Parkland Corporation, which operates over 4,000 retail and commercial locations across Canada, the US, and the Caribbean
  • The tenant is operating on a carefree, NNN lease with minimal landlord responsibilities
  • Stable, income producing single-tenant building improved with a gas-bar and convenience store, strategically positioned on a corner lot along Main Street
  • The tenant is operating on a care free of all day-to-day management of the property including landscaping, garbage removal, HVAC maintenance, etc.

Exclusively Listed By

Vacant-User

192 Main St

Listing Price: $950,000

Cap Rate
6.98%
Gross SF
2,422
Rentable SF
2,422
Price/Gross SF
$392.24
Lot Size
0.37 acres
Year Built
2004

Investment Highlights

  • 100% leased and secured by a longstanding, experienced corporate tenant, Parkland Corporation, which operates over 4,000 retail and commercial locations across Canada, the US, and the Caribbean
  • The tenant is operating on a carefree, NNN lease with minimal landlord responsibilities
  • Stable, income producing single-tenant building improved with a gas-bar and convenience store, strategically positioned on a corner lot along Main Street
  • The tenant is operating on a care free of all day-to-day management of the property including landscaping, garbage removal, HVAC maintenance, etc.

Investment Overview

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an investor to acquire 192 Main Street, Cardston, Alberta (the "Subject Property"). The Subject Property represents a stable, freestanding, single-tenant property, tenanted by Fas Gas Plus, successfully operating at this location since 2004. The tenant is operating on a completely NNN lease with minimal landlord responsibilities.

Exclusively Listed By

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