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  • 798 Victoria Street, Trail, BC
  • 798 Victoria Street, Trail, BC

26,293 ft²
Retail
$4,100,000
Sale


Joe Genest
Joe Genest
Marcus & Millichap


Marcus & Millichap’s Western Canada NNN Group is pleased to present for sale a brand new, single-tenant fuel station, convenience store and car wash 100% leased to 7-Eleven Canada, Inc. Strategically located at a signalized intersection on the Crowsnest Highway (BC-3B) in Trail, B.C., the subject property features a long-term, carefree, triple net (NNN) lease with attractive rental escalations and a desirable management fee. The offering is further complimented with a corporate covenant lease from one of the largest, most recognizable global brands, boasting a market cap of over $60B (CAD) as of December 2024. 7-Eleven’s substantial capital investment into the development speaks volumes to their commitment to the subject property and Trail marketplace.


The Space
Asking Price$4,100,000
Available Space26,293 ft²
Property UseRetail
ZoningC5 Highway Commercial
Year Built2021
SourceDirect

The Building

Strong Corporate Covenant: The Subject Property is 100% leased by 7-Eleven Canada Inc., one of the largest convenience store operators in the world (market cap of over $60B*) with 84,000 stores (585 in Canada) across 20 countries and regions. Carefree NNN Lease: 7-Eleven operates on a totally carefree, NNN lease with tenant responsible for all repairs and maintenance including HVAC and all structural repairs and maintenance on the car wash and motor fuels improvements. Long-Term Lease: The lease runs until November 29, 2036, with two fixed renewal options, providing stability, and long-term income security. Contractual Rental Increases: Rental escalates every 5 years, ensuring a built-in income growth for an investor. Prime Location: Situated at the corner of Victoria Street (Hwy 3B) and Pine Avenue, The Subject Property spans an entire block and benefits from exceptional visibility and high traffic, with over 23,000 vehicles per day. Located near a controlled intersection with turn lanes, it is in the heart of downtown Trail, close to the Jr. Hockey Team’s arena, recreation center, library, hotels, and business district. Strong Market in Trail, BC: Trail is a vibrant, growing community with a stable economy driven by local industries, a strong retail market, and increasing demand for essential services. The area’s strategic location in the Kootenay region further supports long-term growth and stability.

Property TypeRetail
Building Size26,293 ft²
Lot Size26,293 ft²
ZoningC5 Highway Commercial
Year Built2021
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Joe Genest
Joe Genest
Marcus & Millichap
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