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$ 1,350,000
Est. payment | /mo
0.6 Acres Lot
$ 1,350,000
Est. payment | /mo
0.6 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID C8069714
Year Built 1999
Lot Size 0.600 Acres
Acres 0.6
Property Description
Fully leased 2,700 square foot convenience store to a national tenant with a 7.2% CAP RATE on 0.6 of an acre (sale of land and building only). Circle K has occupied the property for over 20 years. The lease was just renewed for a further 5 years starting February 2025 through to February 2030. In place net income ($99,000.00/year) generates a 7.2% CAP RATE on asking price. For further lease details please inquire with listing agent. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by Coldwell Banker Horizon Realty
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