Shopping Auto Center
KAL TIRE TRANCHE 3
3604 9 Ave N, Lethbridge, AB T1H 5E7
Listing Price: $3,010,000
Investment Overview
Marcus & Millichap's Western Canada NNN Group is pleased to present for sale a portfolio of four (4) single-tenant Kal Tire properties strategically located across Western Canada's prairie provinces: Lethbridge, Alberta; Saskatoon and Swift Current, Saskatchewan; and Brandon, Manitoba. Each property is secured by a carefree net lease with corporate covenant, Kal Tire Ltd., one of Canada's most established automotive service brands. All four locations feature newly executed lease terms commencing August 1, 2026, delivering a weighted average lease expiry of nearly 14 years with no near-term rollover. Backed by over 70 years of operations and a network of more than 280 locations nationwide, Kal Tire offers stable, durable income. The Vendor will consider offers on individual assets or as a portfolio. For additional information regarding the portfolio and individual properties, please contact the listing agents.
KAL TIRE TRANCHE 3
Investment Highlights
- Kal Tire is one of Canada's most recognized automotive brands, operating for over 70 years with more than 260 retail locations nationwide.
- Carefree, net-leases with corporate covenant and minimal landlord responsibilities.
- Newly executed leases running to 2031 (Saskatoon), 2036 (Lethbridge) and 2046 (Swift Current and Brandon), producing a weighted average lease expiry of nearly 14 years.
- Highway-fronting, high-visibility sites positioned within each market's established automotive and commercial service corridor.
- Phase I and II Environmental Reports are complete for all properties and will be shared upon execution of a CA.
- Kal Tire's rural footprint ensures reliable service for national fleets operating in smaller, underserved markets.
- Four assets across three provinces, reducing reliance on any single market or regional economy.
- The Vendor will entertain offers as a portfolio sale or individual basis.
Exclusively Listed By
Listing Price: $3,010,000
Investment Highlights
- Kal Tire is one of Canada's most recognized automotive brands, operating for over 70 years with more than 260 retail locations nationwide.
- Carefree, net-leases with corporate covenant and minimal landlord responsibilities.
- Newly executed leases running to 2031 (Saskatoon), 2036 (Lethbridge) and 2046 (Swift Current and Brandon), producing a weighted average lease expiry of nearly 14 years.
- Highway-fronting, high-visibility sites positioned within each market's established automotive and commercial service corridor.
- Phase I and II Environmental Reports are complete for all properties and will be shared upon execution of a CA.
- Kal Tire's rural footprint ensures reliable service for national fleets operating in smaller, underserved markets.
- Four assets across three provinces, reducing reliance on any single market or regional economy.
- 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 four (4) single-tenant Kal Tire properties strategically located across Western Canada's prairie provinces: Lethbridge, Alberta; Saskatoon and Swift Current, Saskatchewan; and Brandon, Manitoba. Each property is secured by a carefree net lease with corporate covenant, Kal Tire Ltd., one of Canada's most established automotive service brands. All four locations feature newly executed lease terms commencing August 1, 2026, delivering a weighted average lease expiry of nearly 14 years with no near-term rollover. Backed by over 70 years of operations and a network of more than 280 locations nationwide, Kal Tire offers stable, durable income. The Vendor will consider offers on individual assets or as a portfolio. For additional information regarding the portfolio and individual properties, please contact the listing agents.
Exclusively Listed By
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