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$ 5,500,000
Est. payment | /mo
10,886 SqFt
$ 5,500,000
Est. payment | /mo
10,886 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,886 sqft
Price per Sqft $505
Subdivision Drayton Valley
MLS® Listing ID A2114174
Originating Board Calgary Real Estate Board
Year Built 2015
Property Description
Click brochure link for more details** Exclusive opportunity to acquire a newly constructed retail centre with two additional commercial development pad sites located in Drayton Valley, Alberta. Horizon Travel Centre is a newly constructed retail centre anchored by Mr.Mike’s, Ace Liquor, and Lube City. The Property was constructed between2015 - 2017. The Property is 100% occupied and has 10,886 square feet ofnet leasable area situated on 3.64 acres of land. There are two servicedand immediately developable pad sites that are 32,615 SF and 39,181 SFin size.Located in Drayton Valley with prominent exposure to 50th Street, theHorizon Travel Centre benefits from strong traffic counts (5,800 vehiclesper day in 2022) and excellent accessibility. Neighbouring propertiesinclude the Petro Canada fuel and convenience and the Best Western PlusAll Suites which both help to draw traffic and customers to the HorizonTravel Centre. The two pad development sites allow an investor anddeveloper to create future upside at the site. Excellent access and exposure to the main arterial road. Average daily traffic counts of 5,800 vehicles per day northbound on 50thstreet (2022). Benefits from the traffic draw of both the Petro Canada and the Best WesternPlus All Suites (id:24570)
Location
Province AB
Exterior
Parking Features No
View Y/N No
Private Pool No