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Smitty's 1515 13th Ave SE 5,000 SF Retail Building High River, AB T1V 2B1 $1,214,253 USD ($242.85 USD/SF) 6.68% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Investment Opportunity – Fully leased to a top Canadian franchise with a long-term agreement and built-in rental escalations
- Turnkey Asset – 5,000 sq ft building on 1.05 acres with 48 parking stalls, offering a 6.3% cap rate, increasing to 6.9%
- High-Traffic Location – Strategically positioned near Highways 2 and 2A in a busy retail hub with excellent visibility
EXECUTIVE SUMMARY
5,000 sq. ft. building on 1.05 Acres
Tenant is a trusted, long-standing brand recognized as a Top 100 Franchise in Canada (2025), making it a secure and desirable tenant for any investment property.
Long Lease with built in rental escalation
Strategically located near Highway 2A and Highway 2 in a high-traffic retail center
Prime location offering excellent visibility and consistent customer flow
Listed at a 6.3% Cap Rate, increasing to a 6.9%
High River has population of 15,338 (2024) with a 9.20% Increase in the last 5 years
Average household income of $103k
PROPERTY FACTS Under Contract
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Accommodation and Food Services
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$9.99
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Jan 0000
Welcome to Smitty’s, a cherished Canadian dining destination that has been serving up delicious meals and warm hospitality since 1960. With many years of experience, they have grown from a single location to a thriving franchise with restaurants across Canada, and they are continually expanding to bring their unique dining experience to even more communities. Smitty’s believes in going beyond breakfast to offer a diverse menu that caters to all tastes and cravings. While their roots lie in being a beloved breakfast spot, they have evolved to become more than just that. They proudly serve all your favorites, all day long, ensuring that you can enjoy their chef-inspired comfort foods whenever the mood strikes you. Their menu reflects their dedication to delivering crave-worthy dishes that bring joy to your taste buds. Inspired by talented chefs, their carefully crafted offerings are designed to provide the ultimate comfort food experience.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Accommodation and Food Services | - | $9.99 | Jan 0000 |
NEARBY MAJOR RETAILERS
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Smitty's | 1515 13th Ave SE
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