9704 112 Street, Fort St. John, BC

Completely carefree 20-year NNN lease with term until December 2036 and contractual rental escalations every five years. Ability to assume attractive in-place debt available at an interest rate of 4.39% with an outstanding balance of $1,273,237.25 (as of Nov. 1, 2022) and maturity date of October 1, 2026. The tenant is responsible for all day-to-day management of the property including snow removal, landscaping, garbage removal, HVAC maintenance, etc. Strong performing location. The tenant has been operating at this location since 2016 and is well-positioned to capitalize on the daily in-flux of highway travelers, nearby businesses and main arterial to Site C Dam. The Subject Property benefits from its prime exposure along the Alaska Highway (Highway 97), the arterial route servicing Fort St. John and its connecting and nearby towns and cities.