$2,800,000
$3,200,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 07/30/2025
Key Details
Sold Price $2,800,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2187611
Sold Date 07/30/25
Year Built 1991
Annual Tax Amount $14,979
Tax Year 2024
Property Sub-Type Retail
Source Calgary
Property Description
e exclusive opportunity to acquire
a 100% freehold interest in Slave Lake 7-Eleven (the “Property”), located
at 100 - 6 Avenue SW, Slave Lake, Alberta.
Slave Lake 7-Eleven gas station and convenience store consists of 2,720
square feet of leasable area on a 0.46-acre lot. 7-Eleven has occupied
the site as a single tenant for with full corporate guarantee by the
parent company. An incoming investor benefits from exceptional
income stability contractual rental increases. The lease structure is
Absolute NNN and tenant is responsible for property taxes, insurance,
roof, and structure. The tenant holds three additional five-year options
to renew with 10% preset increases to base rent.
Situated on a prominent corner lot, the Property is well-positioned along
Main Street, the primary retail corridor in Slave Lake. With access from
both Main Street and 6 Avenue, Slave Lake 7-Eleven benefits from 9,160
vehicles passing by daily (2024). Main Street Slave Lake attracts locals,
employees, tourists, and residents of the surrounding Municipal District
of Lesser Slave River for shopping and daily service needs.
Location
Province AB
County Lesser Slave River No. 124, M.d. Of
Zoning c1
Others
Restrictions Call Lister
Tax ID 94264637
Ownership Private
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