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Vacant-User

1002 Trans Canada Highway, Golden, B.C.

1002 Trans-Canada Hwy, Golden, BC V0A 1H2

Listing Price: $3,700,000

Cap Rate
6.35%
Gross SF
4,409
Rentable SF
4,409
Price/Gross SF
$839.19
Lot Size
8.89 acres
Year Built
1984

Investment Overview

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire 1002 Trans-Canada Highway, Golden, British Columbia (the “Subject Property”). The Subject Property is a 100% leased, multi-tenant drive-thru retail investment situated on an expansive 8.89-acre site fronting the Trans-Canada Highway, the primary east-west transportation corridor connecting Vancouver and Calgary. Anchored by a locally franchised KFC and complemented by Pizza Pizza and The Chai Bar, the Subject Property provides diversified income from established food-service operators within a high-exposure highway commercial location. The Subject Property benefits from signalized access, extensive parking, and exposure to approximately 14,500 vehicles per day along the Trans-Canada Highway. Located adjacent to Golden's tourist stop and one of the highway's largest truck stops, the property benefits from regional transportation activity, year-round tourism, and limited competing commercial availability. Further enhancing the investment profile is a signed Tesla Supercharger license agreement, adding $43,200 per year in contracted income and reinforcing the site as a natural stopping point for highway traffic.

Investment Highlights

  • The local KFC franchisee executed a new five-year lease commencing May 1, 2026, with rent escalations over the term. The new lease reflects the operator's commitment to the location and provides built
  • A signed Tesla license agreement adds $43,200 per year, lifting potential NOI to $235,097 upon completion. Supercharger installations draw long-dwell EV traffic that supports the on-site food-service
  • All three tenants are on NNN leases, minimizing landlord operating and capital exposure. Each lease includes 2 x 5-year renewal options at fair market rent, with a floor at the prior year's base rent.
  • The Subject Property pairs two nationally recognized QSR brands, KFC and Pizza Pizza, in a drive-thru format that drives sales volumes and is in strong demand among operators. Value-oriented QSR has historically held up well through economic cycles as consumers trade down from higher-priced dining.
  • Prominently positioned along Highway 1 at a signalized intersection with approximately 14,500 VPD, the Subject Property is located adjacent to Golden's tourist stop and one of the highway's largest truck stops, benefiting from substantial transportation and tourism activity.
  • Golden attracts more than one million annual visitors, generating $169.4 million in direct visitor spending in 2023 and supporting commercial activity beyond its approximately 7,311 residents across Golden and Area A.

Exclusively Listed By

Vacant-User

1002 Trans Canada Highway, Golden, B.C.

Listing Price: $3,700,000

Cap Rate
6.35%
Gross SF
4,409
Rentable SF
4,409
Price/Gross SF
$839.19
Lot Size
8.89 acres
Year Built
1984

Investment Highlights

  • The local KFC franchisee executed a new five-year lease commencing May 1, 2026, with rent escalations over the term. The new lease reflects the operator's commitment to the location and provides built
  • A signed Tesla license agreement adds $43,200 per year, lifting potential NOI to $235,097 upon completion. Supercharger installations draw long-dwell EV traffic that supports the on-site food-service
  • All three tenants are on NNN leases, minimizing landlord operating and capital exposure. Each lease includes 2 x 5-year renewal options at fair market rent, with a floor at the prior year's base rent.
  • The Subject Property pairs two nationally recognized QSR brands, KFC and Pizza Pizza, in a drive-thru format that drives sales volumes and is in strong demand among operators. Value-oriented QSR has historically held up well through economic cycles as consumers trade down from higher-priced dining.
  • Prominently positioned along Highway 1 at a signalized intersection with approximately 14,500 VPD, the Subject Property is located adjacent to Golden's tourist stop and one of the highway's largest truck stops, benefiting from substantial transportation and tourism activity.
  • Golden attracts more than one million annual visitors, generating $169.4 million in direct visitor spending in 2023 and supporting commercial activity beyond its approximately 7,311 residents across Golden and Area A.

Investment Overview

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire 1002 Trans-Canada Highway, Golden, British Columbia (the “Subject Property”). The Subject Property is a 100% leased, multi-tenant drive-thru retail investment situated on an expansive 8.89-acre site fronting the Trans-Canada Highway, the primary east-west transportation corridor connecting Vancouver and Calgary. Anchored by a locally franchised KFC and complemented by Pizza Pizza and The Chai Bar, the Subject Property provides diversified income from established food-service operators within a high-exposure highway commercial location. The Subject Property benefits from signalized access, extensive parking, and exposure to approximately 14,500 vehicles per day along the Trans-Canada Highway. Located adjacent to Golden's tourist stop and one of the highway's largest truck stops, the property benefits from regional transportation activity, year-round tourism, and limited competing commercial availability. Further enhancing the investment profile is a signed Tesla Supercharger license agreement, adding $43,200 per year in contracted income and reinforcing the site as a natural stopping point for highway traffic.

Exclusively Listed By

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