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Shopping Auto Center

671 Douglas Fir Road

671 Douglas Fir Rd, Sparwood, BC V0B 2G1

Listing Price: $1,320,000

Cap Rate
8.00%
Gross SF
9,550
Rentable SF
9,550
Price/Gross SF
$138.22
Lot Size
0.80 acres
Year Built
1979

Investment Overview

Marcus & Millichap's Western Canada NNN Group is pleased to present the
opportunity to acquire 671 Douglas Fir Road, Sparwood, British Columbia (the
“Subject Property”), a single-tenant property leased to Kal Tire Ltd., Canada’s
largest independent tire dealer. Situated on a 0.80-acre site within Sparwood’s light
industrial area, the Subject Property offers 9,550 SF of building area and is secured
by a landlord-favourable triple-net (“NNN”) lease providing stable cash flow backed
by a strong corporate covenant.

Investment Highlights

  • 100% Leased to Kal Tire Ltd., a corporate tenant responsible for all operating costs, including utilities and day to day management.
  • Close proximity to Highway 3 (Crowsnest Highway), offering strong regional connectivity and visibility within Sparwood's industrial corridor.
  • Elkview Operations, owned by Glencore Canada, through Elk Valley Resources (EVR), is three km east of Sparwood and one of four steelmaking coal operations by EVR. Employing over 1,200 people, Elk View
  • Sparwood's population has grown over 6% since 2016, supported by expansion in the mining sector and regional infrastructure investment. The community reports median household incomes exceeding $115,000, well above the provincial average, underscoring its strong economic base and spending power.

Exclusively Listed By

Shopping Auto Center

671 Douglas Fir Road

Listing Price: $1,320,000

Cap Rate
8.00%
Gross SF
9,550
Rentable SF
9,550
Price/Gross SF
$138.22
Lot Size
0.80 acres
Year Built
1979

Investment Highlights

  • 100% Leased to Kal Tire Ltd., a corporate tenant responsible for all operating costs, including utilities and day to day management.
  • Close proximity to Highway 3 (Crowsnest Highway), offering strong regional connectivity and visibility within Sparwood's industrial corridor.
  • Elkview Operations, owned by Glencore Canada, through Elk Valley Resources (EVR), is three km east of Sparwood and one of four steelmaking coal operations by EVR. Employing over 1,200 people, Elk View
  • Sparwood's population has grown over 6% since 2016, supported by expansion in the mining sector and regional infrastructure investment. The community reports median household incomes exceeding $115,000, well above the provincial average, underscoring its strong economic base and spending power.

Investment Overview

Marcus & Millichap's Western Canada NNN Group is pleased to present the opportunity to acquire 671 Douglas Fir Road, Sparwood, British Columbia (the “Subject Property”), a single-tenant property leased to Kal Tire Ltd., Canada’s largest independent tire dealer. Situated on a 0.80-acre site within Sparwood’s light industrial area, the Subject Property offers 9,550 SF of building area and is secured by a landlord-favourable triple-net (“NNN”) lease providing stable cash flow backed by a strong corporate covenant.

Exclusively Listed By

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