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Investment Highlights

  • Fully leased retail investment property with long-term tenancy in place.
  • Existing Canco gas station and convenience store operation.
  • Prominent corner location with visibility along River Road.
  • Access to Highway 91, Highway 17, and the Alex Fraser Bridge.

Executive Summary

HIGH-EXPOSURE INCOME PROPERTY with 5% cap rate PLUS rent escalation. Positioned in Delta's growth corridor, this sprawling 30,147 SF (0.69 AC) corner lot boasts incredible exposure, easy site access, extensive parking, and a 2,205 SQFT retail building. Fully tenanted on a long term lease with strong holding income, it pays for itself while you navigate project planning for the future. Designated "Neighbourhood Centres & Corridors" under Delta's OCP, encouraging multi-unit residential and mixed-use development up to 6 storeys (townhouses, mid-rise apartments, ground-floor retail mixed-use). High-visibility location along River Road with seamless access to Hwy 91, Hwy 17, and Alex Fraser Bridge.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
2,205 SF
Building Class
C
Year Built
1977
Price
$4,161,850 USD
Price Per SF
$1,887.46 USD
Cap Rate
5%
NOI
$208,092 USD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
0.70 AC
Zoning
C4 - Commercial
Parking
8 Spaces (3.63 Spaces per 1,000 SF Leased)
Frontage
54’ on River Rd

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Canco began in 2016 as an independent gas station chain built to provide an alternative in fuel and convenience retail. The business sells fuels sourced from Canadian refineries and terminals, and its locations combine gas service with convenience items, snacks, car washes, and customer loyalty rewards. Canco also extends into related lines such as wholesale support, propane, dealer programs, and community-focused activity through Canco Community Cares. Over time, the company has expanded its branded presence across multiple Canadian provinces and has continued to grow as a fuel and convenience store operator.

  • Manufacturing
  • -
  • -
  • -

Chevron Corporation began in 1879 as Pacific Coast Oil Company following California's first oil discovery. It became part of Standard Oil in 1900 before gaining independence in 1911. The company expanded internationally through discoveries and mergers, including with Gulf Oil and Texaco. Today it operates in upstream exploration and production, downstream refining and marketing, and through its Chevron New Energies division, pursues lower-carbon solutions. The corporation maintains a significant global presence in both traditional hydrocarbons and emerging energy sectors.

  • M & M Food Market
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Manufacturing - - -
M & M Food Market Retailer - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Nearby Major Retailers

Tim Hortons
RBC Royal Bank
  • Listing ID: 41534580

  • Date on Market: 8/3/2026

  • Last Updated:

  • Address: 10240 River Rd, Delta, BC V4C 2R3

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