285 ANDERSON DRIVE, Quesnel | $1,350,000

Fully leased 2,700 square foot convenience store to a national tenant with a 7.2% CAP RATE on 0.6 of an acre (sale of land and building only). Circle K has occupied the property for over 20 years. The lease was just renewed for a further 5 years starting February 2025 through to February 2030. In place net income ($99,000.00/year) generates a 7.2% CAP RATE on asking price. For further lease details please inquire with listing agent.

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Description

Fully leased 2,700 square foot convenience store to a national tenant with a 7.2% CAP RATE on 0.6 of an acre (sale of land and building only). Circle K has occupied the property for over 20 years. The lease was just renewed for a further 5 years starting February 2025 through to February 2030. In place net income ($99,000.00/year) generates a 7.2% CAP RATE on asking price. For further lease details please inquire with listing agent.

General Info

MLS Listing ID: C8069714 Bedrooms: 0 Bathrooms: 0 Year Built: 1999
Parking: N/A Heating: N/A Lotsize: 0.6 ac Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .