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$ 850,000
3,525 SqFt
$ 850,000
3,525 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Approx. Sqft 3525
Square Footage 3,525 sqft
MLS® Listing ID A2332053
Year Built 2017
Property Description
BUSINESS ONLY. The address displayed is not the actual property address at the seller's request. Excellent opportunity to acquire a well-established Shell Gas Station & Liquor Store ideally located near the busy intersection of Highways 11 and 40, serving tourists, campers, hunters, outdoor enthusiasts, and year-round local traffic heading to the Rocky Mountains. This modern 3,525 SF facility, built in 2017, includes a 3,025 SF Shell Gas Station and a 500 SF Liquor Store. Annual revenue is approximately $4.94 million, with an Adjusted NOI of approximately $312,000 (subject to owner's compensation adjustments). The current lease runs until August 2026 with renewal options available. Monthly rent of $17,975 includes base rent, additional rent, and utilities. The Shell fuel supply agreement is secured until July 2032, with an attractive fuel margin averaging 10–12 cents per litre. New residential developments nearby provide additional long-term growth potential. Conveniently located approximately 3 hours from Calgary and Edmonton and 1 hour from Rocky Mountain House. The landlord prefers an owner-operator who will personally manage the business rather than hiring a manager. A rare opportunity to acquire a profitable, turnkey business in one of Alberta's premier outdoor tourism destinations. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Acceptable Financing Monthly
Listing Terms Monthly
Listed by RE/MAX Complete Realty
Nearby Locations
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