1.00 ACRetail$2,275,000Sale
1.00 AC
Retail
$2,275,000
Sale
Connor Eden
Tetra Realty Advisors
Download Brochures
Tetra Realty Advisors is pleased to present the opportunity to acquire 606 W Municipal Road, Hanna, Alberta (the “Subject Property”). The Subject Property represents a stable, income-producing QSR drive-thru, secured by corporate covenant, The TDL Group Corp., which has been successfully operating at this location since 2016 as Tim Hortons. This opportunity is further enhanced by the tenant’s carefree NNN lease, which entails minimal landlord responsibilities. The tenant has demonstrated consistent performance and reliability, making this an attractive, secure, and hassle-free investment. The location of the Subject Property in Hanna, Alberta, offers excellent visibility and accessibility, contributing to its strong customer base and sustained revenue generation. This investment not only promises stable income but also the potential for future growth and appreciation in value.
The Space
Asking Price$2,275,000
Available Space1.00 AC
Net Operating Income$156,000
Property UseRetail
SourceDirect
The Building
The area surrounding the Subject Property is a vibrant mix of residential neighborhoods, recreational amenities, and commercial retailers, fostering a diverse and dynamic community atmosphere. Its central location and the strong market demand make the Subject Property an attractive investment opportunity, leveraging Hanna’s growing economy and lifestyle.
Property TypeRetail
Floors1
Building Size2,700 ft²
Lot Size1.00 AC
Cap Rate6.86%
Up to $500K for Alberta businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.
