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Mixed-Use

1308 Alaska Ave

1308 Alaska Ave, Dawson Creek, BC V1G 1Z3

Listing Price: $3,585,000

Cap Rate
6.50%
Gross SF
37,014
Rentable SF
4,950
Price/Gross SF
$96.86
Lot Size
0.85 acres
Year Built
2009

Investment Overview

The Marcus & Millichap Western Canada NNN Group is pleased to present the opportunity to acquire a stable, two-tenant, NNN investment property with drivethru located at 1308 Alaska Avenue, Dawson Creek, BC (the "Subject Property"). The Subject Property is 100% leased to The TDL Group Corp. and Parkland on NNN leases, secured by corporate covenants.

Investment Highlights

  • Secured by strong corporate covenants, the TDL Group Corp. and Parkland, are operating on landlord friendly NNN leases.
  • Strong performing location. Long-standing tenants since 2009, both tenants have recently renewed their leases for further terms of 5 years each.
  • The Subject Property is a corner lot located on a signalized intersection, well suited to capitalize on the local residents, commuters, and the employment base of Dawson Creek.
  • The Subject Property benefits from its prime exposure to Alaska Avenue (Highway 2), the key arterial road in Dawson Creek running southeast to northwest, connecting to the Alaska Highway.

Exclusively Listed By

Mixed-Use

1308 Alaska Ave

Listing Price: $3,585,000

Cap Rate
6.50%
Gross SF
37,014
Rentable SF
4,950
Price/Gross SF
$96.86
Lot Size
0.85 acres
Year Built
2009

Investment Highlights

  • Secured by strong corporate covenants, the TDL Group Corp. and Parkland, are operating on landlord friendly NNN leases.
  • Strong performing location. Long-standing tenants since 2009, both tenants have recently renewed their leases for further terms of 5 years each.
  • The Subject Property is a corner lot located on a signalized intersection, well suited to capitalize on the local residents, commuters, and the employment base of Dawson Creek.
  • The Subject Property benefits from its prime exposure to Alaska Avenue (Highway 2), the key arterial road in Dawson Creek running southeast to northwest, connecting to the Alaska Highway.

Investment Overview

The Marcus & Millichap Western Canada NNN Group is pleased to present the opportunity to acquire a stable, two-tenant, NNN investment property with drivethru located at 1308 Alaska Avenue, Dawson Creek, BC (the "Subject Property"). The Subject Property is 100% leased to The TDL Group Corp. and Parkland on NNN leases, secured by corporate covenants.

Exclusively Listed By

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