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Petro-Canada 24428 Hwy-48
2,485 SF Retail Building Georgina, ON L0E 1A0 $9,500,000 CAD ($3,823 CAD/SF)
Executive Summary
Colliers is pleased to offer a gas station located at 24428 Highway 48, Georgina, Ontario (the “Property”) for sale. Built in 2008, the Property operates under the Petro Canada banner and includes a convenience store. Fuel volumes for the Property have remained consistently strong as the Property benefits from consumers looking to take advantage of lower fuel prices outside of the GTA.
Strategically located in Baldwin, a community of Georgina along Highway 48, the Property is very well positioned to capitalize on large volumes of local and visitor traffic coming in and out of cottage country from the GTA. The Property also faces minimal competition in the immediate area along Highway 48 with no other offerings being available for another 5 km north into Sutton. Buyers have the opportunity to purchase a well-established gas station with strong performance located on a busy commuter highway with access to the GTA & Simcoe County.
Strategically located in Baldwin, a community of Georgina along Highway 48, the Property is very well positioned to capitalize on large volumes of local and visitor traffic coming in and out of cottage country from the GTA. The Property also faces minimal competition in the immediate area along Highway 48 with no other offerings being available for another 5 km north into Sutton. Buyers have the opportunity to purchase a well-established gas station with strong performance located on a busy commuter highway with access to the GTA & Simcoe County.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
2,485 SF
Building Class
C
Year Built
2008
Price
$9,500,000 CAD
Price Per SF
$3,823 CAD
Tenancy
Single
Building Height
1 Story
Frontage
275 ft on Highway 48
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Petro-Canada | 24428 Hwy-48
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