Lot 13 - 16 Nelson Drive, Spruce Grove, AB
12,062 ft²Retail$3,500,000Sale
12,062 ft²
Retail
$3,500,000
Sale
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Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an investor to acquire 16 Nelson Drive, Spruce Grove, Alberta (the "Subject Property"). The Subject Property is anchored by Smitty’s, a well-established casual dining restaurant chain boasting over 80 locations across Canada. Smitty’s is complemented by essential daily service providers, all operating under fully NNN leases
The Space
Asking Price$3,500,000
Available Space12,062 ft²
Suite NumberLot 13
Net Operating Income$240,183
Property UseRetail
SourceDirect
The Building
30KM (35-minute drive) to Downtown Edmonton Rapidly growing bedroom community to Edmonton • Average Household Income: $114,826.49 • Population Growth (2022 – 2027): 12.80% • Projected Population Growth: 10.50% 5.5KM (8-minute drive) to Qualico Community’s, Easton that will comprise of 1,000 homes and 27 acres of dedicated commercial properties. Offers immediate access to major transportation routes by rail and air being situation between the Trans-Canada Yellowhead Highway and Highway 16A.
Property TypeRetail
Building Size12,062 ft²
Lot Size42,689 ft²
Up to $500K for Alberta businesses
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