1.10 ACRetail$2,300,000Sale
1.10 AC
Retail
$2,300,000
Sale
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SINGLE-TENANT AUTOMOTIVE INVESTMENT OPPORTUNITY
The Space
Asking Price$2,300,000
Available Space1.10 AC
Net Operating Income$162000
Property UseRetail
SourceDirect
The Building - Kal Tire
Marcus & Millichap's Western Canada NNN Group is pleased to present for sale 4929 Keith Avenue, Terrace, British Columbia (the "Subject Property"). Improved with a 9,200 SF automotive service facility and attached Quonset on a 1.1-acre M1-zoned site, the Subject Property is 100% leased to Kal Tire Ltd., one of Canada's largest independent tire retailers with over 280 locations nationwide. Kal Tire recently exercised a new five-year renewal option commencing May 1, 2026, signalling strong location commitment and providing investors with a passive, stable and carefree income stream. Positioned on Keith Avenue with convenient access to Highway 16, exposure, the Subject Property represents a desirable opportunity to secure a commercial-industrial asset with a corporate covenant in one of the most sought after resourced-based markets in Western Canada.
Property TypeRetail
Floors2
Building Size11,056 ft²
Lot Size1.10 AC
Up to $500K for British Columbia businesses
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