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1009-1025 Alaska Av 3,507 SF 100% Leased Retail Building Dawson Creek, BC V1G 1Y7 $544,540 USD ($155.27 USD/SF) 8.56% Cap Rate
INVESTMENT HIGHLIGHTS
- A long-standing Dawson Creek favorite since 1998, Meng Fan Restaurant offers a well-loved blend of Chinese and Western cuisine.
- Strategically positioned on Alaska Avenue, a key retail corridor with excellent exposure and accessibility.
- The tenant is operating on a carefree, net lease, with minimal landlord responsibilities.
- The immediate area features an established retail node anchored by well-known tenants including BC Liquor, Fountain Tire, KFC, and Comfort Inn.
EXECUTIVE SUMMARY
Marcus & Millichap’s Western Canada NNN Group is pleased to present for sale five investment properties located in Dawson Creek, on the eastern edge of British Columbia’s Peace River District near the Alberta border. All properties are secured by net leases and are strategically positioned along or near primary highway corridors, offering excellent visibility and access. The vendor will consider offers on either an individual asset basis or for all investment properties collectively.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
3,507 SF
Building Class
C
Year Built
1991
Price
$544,540 USD
Price Per SF
$155.27 USD
Cap Rate
8.56%
NOI
$46,613 USD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.42
Lot Size
0.19 AC
Zoning
C-3 - Highway Commercial
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
1 of 5
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1009-1025 Alaska Av
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