(780) 539-2121

100 6 Avenue SW
Slave Lake (A2187611)

$3,200,000
2,720 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

e exclusive opportunity to acquire a 100% freehold interest in Slave Lake 7-Eleven (the “Property”), located at 100 - 6 Avenue SW, Slave Lake, Alberta. Slave Lake 7-Eleven gas station and convenience store consists of 2,720 square feet of leasable area on a 0.46-acre lot. 7-Eleven has occupied the site as a single tenant for with full corporate guarantee by the parent company. An incoming investor benefits from exceptional income stability contractual rental increases. The lease structure is Absolute NNN and tenant is responsible for property taxes, insurance, roof, and structure. The tenant holds three additional five-year options to renew with 10% preset increases to base rent. Situated on a prominent corner lot, the Property is well-positioned along Main Street, the primary retail corridor in Slave Lake. With access from both Main Street and 6 Avenue, Slave Lake 7-Eleven benefits from 9,160 vehicles passing by daily (2024). Main Street Slave Lake attracts locals, employees, tourists, and residents of the surrounding Municipal District of Lesser Slave River for shopping and daily service needs.

Property details

Basic Info

MLS® #
A2187611
Property Type:
Commercial
Subtype:
Retail
Subdivision:
NONE
Price
$3,200,000
Sale/Lease:
For Sale
Size:
2,720 sq.ft.
Year Built:
1991 (34 years old)

Building Info

Structure Type:
Retail
Garage:
No
Fence:
Basement:
No
Inclusions:
Contact Seller Directly

Lot / Land Info

Zoning:
c1

Listing Info

Possession:
Negotiable
Days on Market:
148
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Your Real Estate Team
  • Century 21 Grande Prairie Realty

    Century 21 Grande Prairie Realty
    (780) 539-2121 1-888-831-2121 (780) 539-2144

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