Skylar David- +1(403) 343-3344 reception@coldwellbanker.ca
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$ 850,000
Est. payment | /mo
3,525 SqFt
$ 850,000
Est. payment | /mo
3,525 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,525 sqft
Price per Sqft $241
MLS Listing ID A2332053
Year Built 2017
Property Sub-Type Retail
Property Description
BUSINESS ONLY. The address displayed is not the actual property address at the seller's request. Excellent opportunity to acquire a well-established Shell Gas Station & Liquor Store ideally located near the busy intersection of Highways 11 and 40,serving tourists,campers,hunters,outdoor enthusiasts,and year-round local traffic heading to the Rocky Mountains. This modern 3,525 SF facility,built in 2017,includes a 3,025 SF Shell Gas Station and a 500 SF Liquor Store. Annual revenue is approximately $4.94 million,with an Adjusted NOI of approximately $312,000 (subject to owner's compensation adjustments). The current lease runs until August 2026 with renewal options available. Monthly rent of $17,975 includes base rent,additional rent,and utilities. The Shell fuel supply agreement is secured until July 2032,with an attractive fuel margin averaging 10–12 cents per litre. New residential developments nearby provide additional long-term growth potential. Conveniently located approximately 3 hours from Calgary and Edmonton and 1 hour from Rocky Mountain House. The landlord prefers an owner-operator who will personally manage the business rather than hiring a manager. A rare opportunity to acquire a profitable,turnkey business in one of Alberta's premier outdoor tourism destinations.
Location
Province AB
County 0377
Interior
Inclusions The seller will provide chattel and equipment list.
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions None Known
Listed by RE/MAX Complete Realty
Nearby Locations