T1C Retail Spaces for Sale

Retail Spaces for Sale Within 5 kilometers of T1C

102 6th Ave

Medicine Hat, AB T1A 2S2

Retail for Sale
$895,000 CAD
4,224 SF

Medicine Hat Retail for Sale

This investment sale includes a 4,224 SF retail building with one notable tenant in place. 1,388 SF of leasable space is available making this an excellent opportunity for a retail focused user. This site offers a prime downtown Medicine Hat location and quality neighbouring tenants.

Contact:

Commercial One Team of RE/MAX Medalta Real Estate

Property Subtype:

Storefront

Date on Market:

2024-12-16

Hide

Retail Service-Oriented Property

Mixed Types for Sale
2 Properties | Mixed Types

Medicine Hat Portfolio of properties for Sale

Retail service-oriented property with an express car wash (Mint Smartwash), Esso gas canopy, 7-Eleven convenience store, and 8,700 sq. ft. of undeveloped land. The property offers 8 regular parking stalls, 24 vacuum/hand drying parking stalls, 4 accessible parking stalls, and immediate access to Dunmore Rd SE. Prime Mixed-Use Property: This newly constructed, mixed-use asset offers a strategic location in Medicine Hat with easy access to the high-traffic Dunmore Road SE. The property features two strong tenants: 7-Eleven/Esso and Mint Smartwash, ensuring stable, long-term income with minimal vacancy risk. Long-Term Leases: Both tenants are locked into long-term, triple-net leases with an average weighted lease term of 18.31 years. This ensures predictable, steady cash flow over the long term, with minimal landlord responsibilities. Additionally, the leases include contractual rental escalations, providing built-in income growth. Strong Retail Tenants: The tenants—7-Eleven, a global leader in convenience retail, and Mint Smartwash, an established car wash brand—bring high customer traffic to the site. This enhances the visibility and desirability of the location, making it an attractive destination for retail and service customers alike.