2988 16 Highway Terrace, British Columbia V8G 3T8

2880 sqft


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:33224)

Property Details

MLS® Number C8060030
Property Type Retail


Size Interior 2880 Sqft


Acreage Yes
Size Irregular 4.32
Size Total 4.32 Ac
Size Total Text 4.32 Ac