Shopping Neighborhood
38925 Production Way, Squamish (Kal Tire)
38925 Production Way, Squamish, BC V8B 0K4
Listing Price: $3,120,000
Investment Overview
Marcus & Millichap's Western Canada NNN Group is pleased to present for sale 38925 Production Way, Squamish, BC. The property is a single-tenant automotive service facility leased on a net lease to Kal Tire Ltd., one of Canada’s largest independent tire dealers, providing secure income backed by a strong corporate covenant. The site is strategically located in Squamish Business Park just off Highway 99, benefiting from high traffic volumes between Vancouver and Whistler.
38925 Production Way, Squamish (Kal Tire)
Investment Highlights
- The tenant operates under a net lease covering operating costs, utilities, and taxes, with the landlord only responsible for structural and capital repairs.
- Located in Squamish Business Park with direct access to Highway 99, the main route between Vancouver and Whistler, the site benefits from more than 16,450 vehicles per day (VPD).
- One of the few national chains along Highway 99 between Whistler and West Vancouver, creating limited competition and strong demand from highway traffic and surrounding communities.
- Mandatory "Winter-Tire Zone" from October 1 to March 31, creating two predictable seasonal peaks for for tire-related services, supporting steady revenue.
- Squamish population up nearly 20% since 2019 with another 14% projected by 2029 supported by high average household income of $157,215 driving long-term service demand.
- Property includes a 680 SF residential unit, generating additional rental income.
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Shopping Neighborhood
38925 Production Way, Squamish (Kal Tire)
Listing Price: $3,120,000
Investment Highlights
- The tenant operates under a net lease covering operating costs, utilities, and taxes, with the landlord only responsible for structural and capital repairs.
- Located in Squamish Business Park with direct access to Highway 99, the main route between Vancouver and Whistler, the site benefits from more than 16,450 vehicles per day (VPD).
- One of the few national chains along Highway 99 between Whistler and West Vancouver, creating limited competition and strong demand from highway traffic and surrounding communities.
- Mandatory "Winter-Tire Zone" from October 1 to March 31, creating two predictable seasonal peaks for for tire-related services, supporting steady revenue.
- Squamish population up nearly 20% since 2019 with another 14% projected by 2029 supported by high average household income of $157,215 driving long-term service demand.
- Property includes a 680 SF residential unit, generating additional rental income.
Investment Overview
Marcus & Millichap's Western Canada NNN Group is pleased to present for sale 38925 Production Way, Squamish, BC. The property is a single-tenant automotive service facility leased on a net lease to Kal Tire Ltd., one of Canada’s largest independent tire dealers, providing secure income backed by a strong corporate covenant. The site is strategically located in Squamish Business Park just off Highway 99, benefiting from high traffic volumes between Vancouver and Whistler.
Exclusively Listed By
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