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Shopping Auto Center

Kal Tire Property Portfolio | Round 2

774 BC-16, Burns Lake, BC V0J 1E2

Listing Price: $8,420,000

Cap Rate
7.00%
Gross SF
4,620
Rentable SF
4,620
Price/Gross SF
$1,822.51
Lot Size
0.72 acres
Year Built
1970

Investment Overview

Marcus & Millichap’s Western Canada NNN Group is pleased to present for sale a portfolio of eight (8) single-tenant Kal Tire properties strategically located across British Columbia, including the Central Interior, Northern BC, and the Peace River region. Each property is secured by carefree, net leases with corporate covenant, Kal Tire Ltd., one of Canada’s most established automotive service brands. Six of the eight locations feature newly executed lease terms commencing September 1, 2025, while the remaining two are mid-term leases expiring in 2028. Backed by 70+ years of operations and a network of 260+ locations nationwide, Kal Tire offers stable income. The Vendor will consider offers on individual assets or as a portfolio.

Investment Highlights

  • Tenant: Kal Tire is one of Canada's most recognized automotive brands, operating for over 70 years with more than 260 retail locations nationwide.
  • Lease Structure: Carefree, net leases, with corporate covenant and minimal landlord responsibilities; each property is a corporately owned Kal Tire location.
  • Location: These properties are strategically located in highly visible, prime areas within their respective markets.
  • Environmental: Phase I and II Environmental Reports will be shared upon execution of a CA, ensuring a smooth due diligence period for prospective buyers.
  • Strategic Market Access: Kal Tire's rural footprint ensures reliable service for national fleets operating in smaller, underserved markets.
  • Diverse Demand Drivers: Each location serves a diverse customer mix spanning retail, fleet, industrial, agricultural and logistics industries, fostering recurring demand and resilient cash flow.
  • Acquisition Options: The Vendor will entertain offers as a portfolio sale or individual basis.

Exclusively Listed By

Shopping Auto Center

Kal Tire Property Portfolio | Round 2

Listing Price: $8,420,000

Cap Rate
7.00%
Gross SF
4,620
Rentable SF
4,620
Price/Gross SF
$1,822.51
Lot Size
0.72 acres
Year Built
1970

Investment Highlights

  • Tenant: Kal Tire is one of Canada's most recognized automotive brands, operating for over 70 years with more than 260 retail locations nationwide.
  • Lease Structure: Carefree, net leases, with corporate covenant and minimal landlord responsibilities; each property is a corporately owned Kal Tire location.
  • Location: These properties are strategically located in highly visible, prime areas within their respective markets.
  • Environmental: Phase I and II Environmental Reports will be shared upon execution of a CA, ensuring a smooth due diligence period for prospective buyers.
  • Strategic Market Access: Kal Tire's rural footprint ensures reliable service for national fleets operating in smaller, underserved markets.
  • Diverse Demand Drivers: Each location serves a diverse customer mix spanning retail, fleet, industrial, agricultural and logistics industries, fostering recurring demand and resilient cash flow.
  • Acquisition Options: The Vendor will entertain offers as a portfolio sale or individual basis.

Investment Overview

Marcus & Millichap’s Western Canada NNN Group is pleased to present for sale a portfolio of eight (8) single-tenant Kal Tire properties strategically located across British Columbia, including the Central Interior, Northern BC, and the Peace River region. Each property is secured by carefree, net leases with corporate covenant, Kal Tire Ltd., one of Canada’s most established automotive service brands. Six of the eight locations feature newly executed lease terms commencing September 1, 2025, while the remaining two are mid-term leases expiring in 2028. Backed by 70+ years of operations and a network of 260+ locations nationwide, Kal Tire offers stable income. The Vendor will consider offers on individual assets or as a portfolio.

Exclusively Listed By

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