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Home AB Slave Lake
100 6 Avenue SW
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100 6 Avenue SW $3,200,000
$3,200,000
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100 6 Avenue SW
Slave Lake, Alberta T0G2A4

MLS® Number: A2187611

Listing Description

e exclusive opportunity to acquirea 100% freehold interest in Slave Lake 7-Eleven (the “Property”), locatedat 100 - 6 Avenue SW, Slave Lake, Alberta.Slave Lake 7-Eleven gas station and convenience store consists of 2,720square feet of leasable area on a 0.46-acre lot. 7-Eleven has occupiedthe site as a single tenant for with full corporate guarantee by theparent company. An incoming investor benefits from exceptionalincome stability contractual rental increases. The lease structure isAbsolute NNN and tenant is responsible for property taxes, insurance,roof, and structure. The tenant holds three additional five-year optionsto renew with 10% preset increases to base rent.Situated on a prominent corner lot, the Property is well-positioned alongMain Street, the primary retail corridor in Slave Lake. With access fromboth Main Street and 6 Avenue, Slave Lake 7-Eleven benefits from 9,160vehicles passing by daily (2024). Main Street Slave Lake attracts locals,employees, tourists, and residents of the surrounding Municipal Districtof Lesser Slave River for shopping and daily service needs. (29989884)

Property Summary

Property Type
Retail
Building Type
Retail
Land Size
Unknown
Built in
1991
Annual Property Taxes
$14,979.14
Time on REALTOR.ca
79 days

Measurements

Square Footage
2720 sqft
Total Finished Area
2720 sqft
Exterior Building Size
2720 sqft

Land

Other Property Information
Zoning Description
c1
Data provided by: Pillar 9™
Michelle Plach