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Investment Highlights

  • • Freestanding retail building with ±3,850 SF of interior space on ±0.87 acres.
  • • Zoned Highway Commercial allowing for versatile business uses.
  • • Benefits from heavy daily traffic and over one million annual visitors to Sylvan Lake.
  • • Positioned on a prominent corner with excellent visibility near major highways.
  • • Current NNN lease runs through mid-2029, ensuring secure passive income.
  • • Located within the Calgary-Edmonton Corridor, offering connectivity to global markets.

Executive Summary

This high-visibility standalone restaurant property is located at the bustling intersection of Lakeshore Drive and Highway 20 in Sylvan Lake, Alberta. Currently home to Roundabout Eatery, this ±3,850 SF building sits on a generous 0.87-acre lot with ample parking, a south-facing patio, and an electrified pylon sign. With traffic counts exceeding 20,000 vehicles per day, this site offers unmatched exposure in a thriving lakeside community. Investors will appreciate the secure NNN lease in place through mid-2029, while restaurateurs will find a turnkey setup ideal for immediate operation. Zoned Highway Commercial, the property supports a wide range of permitted uses. Sylvan Lake welcomes over 1 million annual visitors and is poised for continued growth, making this a strategic opportunity for both income generation and business expansion.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,850 SF
Year Built
2000
Price
$1,500,000 CAD
Price Per SF
$389.61 CAD
Tenancy
Single
Building Height
1 Story
Zoning
HC - Highway Commercial

Amenities

  • Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Tim Hortons
nofrills
  • Listing ID: 40869567

  • Date on Market: 2026-06-10

  • Last Updated:

  • Address: 3 AB-11A, Sylvan Lake, AB T4S 1P4

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