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2550 16 Ave

3,629 SF Retail Building Cold Lake, AB T9M 0L6 $2,200,000 CAD ($606 CAD/SF) 6.70% Cap Rate

Retail Space Alberta Cold Lake 2550 16 Ave, Cold Lake, AB T9M 0L6

Executive Summary

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an investor to acquire 201-2550 16 Avenue, Cold Lake, Alberta (the "Subject Property"). The Subject Property represents a stable, income-producing QSR drive-thru operating under well-known national banners, Burger King and The Chopped Leaf. The tenants are operating on completely NNN leases with minimal landlord responsibilities.

Attachments

2550-16-Avenue.-Cold-Lake.-OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,629 SF
Building Class
C
Year Built
2020
Price
$2,200,000 CAD
Price Per SF
$606 CAD
Cap Rate
6.70%
NOI
$147,400 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
0.69 AC
Zoning
C1 - Arterial Commercial
1 of 1
(604) 675-5216

  • Listing ID: 32337009

  • Date on Market: 2024-07-03

  • Last Updated:

  • Address: 2550 16 Ave, Cold Lake, AB T9M 0L6

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2550 16 Ave
(604) 675-5216 x

2550 16 Ave

1/4

Armaan Sohi

(604) 675-5216

(604) 675-5216

Jon Buckley

(604) 630-0215

(604) 630-0215

Joe Genest

(604) 398-4341

(604) 398-4341

Curtis Leonhardt

(604) 638-1999

(604) 638-1999

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