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10832 4 St 3,500 SF 100% Leased Retail Building Dawson Creek, BC V1G 2Z6 $700,000 CAD ($200 CAD/SF) 8.28% Cap Rate
INVESTMENT HIGHLIGHTS
- The tenant is operating on a carefree, net lease, with minimal landlord responsibilities.
- The property has 1.93% total lot coverage, indicating that the majority of the land is undeveloped and available for agricultural or other A-2 uses.
- Established in 2003, Strad Canada Inc. provides industrial products and services for the oil & gas, power transmission, pipeline, agriculture sector.
- Situated on Highway 49 (Spirit River Highway) on the east end of Dawson Creek, the Subject Property benefits from exposure to heavy traffic.
- The tenant has exercised a new five-year lease term, demonstrating a strong, ongoing commitment to the site.
- Strad offers industrial matting, surface equipment, and environmental services, backed by more than 20 years of industry experience.
EXECUTIVE SUMMARY
Marcus & Millichap’s Western Canada NNN Group is pleased to present for sale five investment properties located in Dawson Creek, on the eastern edge of British Columbia’s Peace River District near the Alberta border. All properties are secured by net leases and are strategically positioned along or near primary highway corridors, offering excellent visibility and access. The vendor will consider offers on either an individual asset basis or for all investment properties collectively.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
3,500 SF
Building Class
C
Year Built
1975
Price
$700,000 CAD
Price Per SF
$200 CAD
Cap Rate
8.28%
NOI
$57,960 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.02
Lot Size
4.17 AC
Zoning
A-2 - Large Agricultural Holdings
NEARBY MAJOR RETAILERS
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10832 4 St
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