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Vacant-User

1009 - 1025 Alaska Ave

1025 Alaska Ave, Dawson Creek, BC V1G 1Y7

Listing Price: $750,000

Cap Rate
8.56%
Gross SF
3,507
Rentable SF
3,507
Price/Gross SF
$213.86
Lot Size
0.19 acres
Year Built
1991

Investment Overview

Marcus & Millichap’s Western Canada NNN Group is pleased to present for sale five investment properties located in Dawson Creek, on the eastern edge of British Columbia’s Peace River District near the Alberta border. All properties are secured by net leases and are strategically positioned along or near primary highway corridors, offering excellent visibility and access. The vendor will consider offers on either an individual asset basis or for all investment properties collectively

Investment Highlights

  • Meng Fan Restaurant: A Dawson Creek favourite since 1998, Meng Fan offers a popular blend of Chinese and Western cuisine in a welcoming space, attracting families, groups, and local residents.
  • Lease Structure: The tenant is operating on a carefree, net lease, with minimal landlord responsibilities
  • Prime Location: Strategically located on Alaska Avenue, a key retail corridor with excellent exposure and accessibility, benefiting from strong visibility and over 10,000 vehicles per day (VPD).
  • Surrounding Area: The area features an established retail node anchored by BC Liquor, Fountain Tire, KFC, and Comfort Inn, alongside complementary retail and service uses driving strong year-round consumer activity.

Exclusively Listed By

Vacant-User

1009 - 1025 Alaska Ave

Listing Price: $750,000

Cap Rate
8.56%
Gross SF
3,507
Rentable SF
3,507
Price/Gross SF
$213.86
Lot Size
0.19 acres
Year Built
1991

Investment Highlights

  • Meng Fan Restaurant: A Dawson Creek favourite since 1998, Meng Fan offers a popular blend of Chinese and Western cuisine in a welcoming space, attracting families, groups, and local residents.
  • Lease Structure: The tenant is operating on a carefree, net lease, with minimal landlord responsibilities
  • Prime Location: Strategically located on Alaska Avenue, a key retail corridor with excellent exposure and accessibility, benefiting from strong visibility and over 10,000 vehicles per day (VPD).
  • Surrounding Area: The area features an established retail node anchored by BC Liquor, Fountain Tire, KFC, and Comfort Inn, alongside complementary retail and service uses driving strong year-round consumer activity.

Investment Overview

Marcus & Millichap’s Western Canada NNN Group is pleased to present for sale five investment properties located in Dawson Creek, on the eastern edge of British Columbia’s Peace River District near the Alberta border. All properties are secured by net leases and are strategically positioned along or near primary highway corridors, offering excellent visibility and access. The vendor will consider offers on either an individual asset basis or for all investment properties collectively

Exclusively Listed By

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