2988 16 Highway, Terrace, British Columbia V8G 3T8

Listed for:
$1,280,000
0 beds
0 baths
Listed 25 days ago
2988 16 Highway, Terrace, British Columbia V8G 3T8

View all 5 photos

Learn more about this property
Listing provided by:
Coldwell Banker Horizon Realty
MLS® number:
C8060030
Agent:
Stewart Dunbar
*Indicates required field
Name is required
Email is required

About

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 5th 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 6.33% cap rate on asking price. Opportunity to increase cap rate on upcoming renewal. For further lease details please inquire with listing broker. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location