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  • 3830 56 Street, Wetaskiwin, AB

2,800 ft²
Retail


Armaan Sohi
Armaan Sohi
Marcus & Millichap


Marcus & Millichap REIS Canada Inc. has been exclusively retained to facilitate the sale of an investment portfolio comprised of 18 freehold properties (the “Portfolio”), which are tenanted by quick service restaurants (“QSR”) operating under the well-known KFC banner. The Portfolio represents a rare investment opportunity comprised of resilient and highly sought-after QSR models. Located in high-visibility areas with drive-thrus and supported by an absolute net lease structure*, these properties offer stable income with no landlord management required. The Portfolio comprises stable, income-producing properties across British Columbia, Alberta, and Saskatchewan, ensuring geographic diversification that provides exposure to various regional markets and appeals to a broad spectrum of investors.


The Space
Available Space2,800 ft²
Floor1
Year Built2007
SourceDirect

The Building

PRIME QSR LOCATIONS WITH DRIVE-THRU FACILITIES The Portfolio features QSR tenanted properties, a resilient and sought-after business model, located in high-visibility areas. Each property includes a drive-thru**. NEW LONG-TERM LEASES All long-standing locations, 15 of 18 properties in the Portfolio, are operating on brand-new 10-year leases with rental rates (and built-in escalations) that were initially determined based on the financial performance of each respective location, ensuring tenant stability and performance. ABSOLUTE NET LEASE The tenant is bound by an absolute net lease, ensuring a hands-off investment for the landlord as they cover property taxes, insurance, maintenance, and all repair obligations—including structural and paving—resulting in a carefree investment. STRONG OPERATOR Franchise Management Inc.’s vast network of over 400 locations, combined with its management of leading global brands including Pizza Hut, KFC, and Taco Bell, demonstrates exceptional operational scale, market reach, and brand influence, underscoring its strength and reliability as a franchise operator.

Property TypeRetail
Floors1
Building Size2,800 ft²
Lot Size22,600 ft²
Year Built2007
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Armaan Sohi
Armaan Sohi
Marcus & Millichap
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