1.91 ACRetail$3,180,000Sale
1.91 AC
Retail
$3,180,000
Sale
Armaan Sohi
Marcus & Millichap
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NNN RETAIL WITH UPSIDE POTENTIAL | $3,180,000 | CAP RATE: 7.75%
The Space
Asking Price$3,180,000
Available Space1.91 AC
Net Operating Income$246273
Property UseRetail
SourceDirect
The Building - Smitty's & Tempo Gas Bar
Marcus & Millichap Western Canada NNN Group is pleased to present the opportunity for an investor to acquire 135 Leva Avenue, Red Deer, Alberta (the “Subject Property”). The Subject Property is tenanted by Smitty’s, a national casual dining restaurant chain with over 80 locations across Canada, and is complemented by Tempo, an independent fuel operator serving Western Canada since 1960. The site also features Tesla Supercharger stations, adding a modern EV infrastructure component to the property's tenant mix. The Subject Property is located in Red Deer’s 'Gasoline Alley', along Highway 2 - one of Alberta’s busiest transportation corridors and is surrounded by major national and regional retailers.
Property TypeRetail
Building Size7,935 ft²
Lot Size1.91 AC
Up to $500K for Alberta businesses
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