2988 Highway 16, Terrace

$1,400,000

0 Bed
0 Bath
0 Acre
0 Garage

Fully leased 2,880 square foot convenience store to a national tenant on 4.2 acres (sale of land and building only). Currently in the 2nd year of a 5 year lease term with Circle K. Tenant has occupied the Property for over 20 years. In place net income generates a 5.8% cap rate on asking price. For further lease details please inquire with listing broker. Property is being sold on an as is where is basis.

Essential Information
Listing #10233279
Price$1,400,000
Acres0.00
TypeCommercial
StatusActive
Community Information
Address2988 Highway 16
SubdivisionOA - Outside Board Area
CityTerrace
Postal CodeV8G 3T8
Additional Information
Date ListedJune 8th, 2021
Days on Market531
ZoningC1 & OS
Listing Details
OfficeColdwell Banker Horizon Realty
LISTING MAP

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