7-Eleven | 100 6 Av SW
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7-Eleven 100 6 Av SW
2,720 SF Retail Building Slave Lake, AB T0G 2A4 $3,200,000 CAD ($1,176 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Main Street Slave Lake attracts locals, employees, tourists, and residents of the surrounding Municipal District of Lesser Slave River for shopping
- With access from both Main Street and 6 Avenue, Slave Lake 7-Eleven benefits from 9,160 vehicles passing by daily (2024).
- An incoming investor benefits from exceptional income stability contractual rental increases.
Executive Summary
Avison Young is pleased to present the exclusive opportunity to acquire a 100% freehold interest in Slave Lake 7-Eleven (the “Property”), located at 100 - 6 Avenue SW, Slave Lake, Alberta.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,720 SF
Building Class
C
Year Built
1991
Price
$3,200,000 CAD
Price Per SF
$1,176 CAD
Cap Rate
6.50%
NOI
$208,000 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.46 AC
Zoning
C1 - Downtown Commercial Mixed Use
Parking
9 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
163 ft on 6 Avenue Southwest
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
1 of 3
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7-Eleven | 100 6 Av SW
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