5000 Cordova Way, Fort Nelson, BC

Photo

5,175 ft²
Retail
$3,600,000
Sale


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The Space
Asking Price$3,600,000
Available Space5,175 ft²
Net Operating Income$229,843
SourceDirect

The Building

Long-term tenancy with term until 2034 (Parkland, parent company of Chevron) and 2029 (Tim Hortons); with built-in rental escalations and a WALE of 11.5 years Stable, income-producing corner lot, well-suited to capitalize on the local residents and employment base of Fort Nelson Parkland Fuel Corporation recently renovated and converted the gas-bar to Chevron branding in 2022 Parkland operates under a quadruple net land lease, with tenant responsible for all repairs, maintenance, replacements of the leased premises, including mechanical and structural items Tim Horton's operates under a landlord friendly NNN lease The Subject Property is the only Tim Hortons location within a 381 KM drive, with the nearest Tim Hortons located in Fort St. John Excess land supports development opportunity by allowing an investor to build-out the lands to incorporate a commercial development pad Option to purchase the nominee

Property TypeRetail