Shopping Auto Center
8502 RESOURCES ROAD, GRANDE PRAIRIE, AB
8502 Resources Rd, Grande Prairie, AB T8V 7Y2
Listing Price: $2,600,000
Investment Overview
Marcus & Millichap's Western Canada NNN Group is pleased to offer the 100% freehold interest in 8502 Resources Road, Grande Prairie, Alberta (the "Subject Property"), a fully leased, single-tenant NNN investment occupied by Great Canadian Oil Change, a well-established Valvoline franchise operator. This purpose-built 2,850 SF automotive service asset features a two-bay quick lube and automatic car wash, and has been tenant-occupied since 2018 on a carefree triple-net basis through June 30, 2033, delivering secure long-term income with minimal landlord responsibilities. Located at the corner of Resources Road and 84 Avenue, the Subject Property offers excellent frontage, multiple access points, and exposure to over 23,000 vehicles per day, surrounded by national daily needs retailers in one of Northwestern Alberta's fastest growing trade centres.
8502 RESOURCES ROAD, GRANDE PRAIRIE, AB
Investment Highlights
- Leased on a carefree NNN basis to an established multi-unit operator of the Great Canadian Oil Change banner, in continuous operation since 2018.
- Purpose-built 2,850 SF automotive service facility featuring a two-bay quick lube and automatic car wash, supported by diversified income from lube, car wash, and signage.
- Positioned within a completed bare-land strata development alongside a strong cross-section of daily needs retailers including Starbucks, Circle K, and Subway.
- Excellent frontage with multiple access points off Resources Road, with exposure to over 23,000 vehicles per day.
- Well-positioned to capitalize on the ongoing population growth of Grande Prairie, one of the fastest growing communities in the region.
Exclusively Listed By
Shopping Auto Center
8502 RESOURCES ROAD, GRANDE PRAIRIE, AB
Listing Price: $2,600,000
Investment Highlights
- Leased on a carefree NNN basis to an established multi-unit operator of the Great Canadian Oil Change banner, in continuous operation since 2018.
- Purpose-built 2,850 SF automotive service facility featuring a two-bay quick lube and automatic car wash, supported by diversified income from lube, car wash, and signage.
- Positioned within a completed bare-land strata development alongside a strong cross-section of daily needs retailers including Starbucks, Circle K, and Subway.
- Excellent frontage with multiple access points off Resources Road, with exposure to over 23,000 vehicles per day.
- Well-positioned to capitalize on the ongoing population growth of Grande Prairie, one of the fastest growing communities in the region.
Investment Overview
Marcus & Millichap's Western Canada NNN Group is pleased to offer the 100% freehold interest in 8502 Resources Road, Grande Prairie, Alberta (the "Subject Property"), a fully leased, single-tenant NNN investment occupied by Great Canadian Oil Change, a well-established Valvoline franchise operator. This purpose-built 2,850 SF automotive service asset features a two-bay quick lube and automatic car wash, and has been tenant-occupied since 2018 on a carefree triple-net basis through June 30, 2033, delivering secure long-term income with minimal landlord responsibilities. Located at the corner of Resources Road and 84 Avenue, the Subject Property offers excellent frontage, multiple access points, and exposure to over 23,000 vehicles per day, surrounded by national daily needs retailers in one of Northwestern Alberta's fastest growing trade centres.
Exclusively Listed By
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