Vacant-User
263 Gregg Avenue
263 Gregg Avenue, Hinton, AB T7V 2B7
Listing Price: $1,700,000
Investment Overview
Marcus & MIllichap's Western Canada NNN Group is pleased to present the opportunity for an investor to acquire 263 Gregg Avenue in Hinton, Alberta (the "Subject Property"). The Subject Property represents a stable, income-producing commercial building with drive-thru, extensively renovated in 2018. Fully leased to nationally recognized tenants, Starbucks and Fire and Flower, are operating on completely NNN leases with minimal landlord responsibilities.
263 Gregg Avenue
Investment Highlights
- Fully leased to national tenants with strong covenants: Soul Coffee House Canada Inc. (380+ Starbucks, KFC, and Taco Bell outlets) and Fire & Flower Canada Inc. (90+ cannabis stores).
- Landlord-friendly triple-net (NNN) leases with minimal management obligations, ensuring a secure and consistent cash flow.
- Purpose-built drive-thru utilized by Starbucks, representing an increasingly scarce and highly sought-after asset class for investors.
- Fronting Yellowhead Highway (Hwy 16), the property enjoys high visibility along one of Western Canada's busiest travel corridors—connecting Edmonton to Jasper National Park.
Exclusively Listed By
Listing Price: $1,700,000
Investment Highlights
- Fully leased to national tenants with strong covenants: Soul Coffee House Canada Inc. (380+ Starbucks, KFC, and Taco Bell outlets) and Fire & Flower Canada Inc. (90+ cannabis stores).
- Landlord-friendly triple-net (NNN) leases with minimal management obligations, ensuring a secure and consistent cash flow.
- Purpose-built drive-thru utilized by Starbucks, representing an increasingly scarce and highly sought-after asset class for investors.
- Fronting Yellowhead Highway (Hwy 16), the property enjoys high visibility along one of Western Canada's busiest travel corridors—connecting Edmonton to Jasper National Park.
Investment Overview
Marcus & MIllichap's Western Canada NNN Group is pleased to present the opportunity for an investor to acquire 263 Gregg Avenue in Hinton, Alberta (the "Subject Property"). The Subject Property represents a stable, income-producing commercial building with drive-thru, extensively renovated in 2018. Fully leased to nationally recognized tenants, Starbucks and Fire and Flower, are operating on completely NNN leases with minimal landlord responsibilities.
Exclusively Listed By
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