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. Renewal net income (starting January 2025) will produce a 7% cap rate on asking price. (id:55598)
- MLS® C8060030
- Date Listed05/15/2024
- Days on Realty 166 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Square Feet 2,880 sq. ft
- Price Per Sq. Ft $444.44
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
19/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
28/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 31/100.
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Frequently Asked Questions for 2988 16 HIGHWAY
Source: Realty.com
2988 16 HIGHWAY, Terrace, BC V8G3T8 is a Other, Commercial Sale property listed for $1,280,000 The property is 2880 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 5 photos of 2988 16 HIGHWAY.
The full address for this home is 2988 16 HIGHWAY, Terrace, BC V8G3T8.
2988 16 HIGHWAY has been listed on Realty.com since Wed May 15, 2024
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 31/100.
Listing provided courtesy of:
Coldwell Banker Horizon Realty
(tel: (250) 860-7500)
Listing agent:
Stewart Dunbar
(tel: (250) 718-8775)
This content last refreshed on 2024-10-28 05:14:14. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 2988 16 HIGHWAY, Terrace, BC V8G3T8 : MLS® C8060030