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Kal Tire 38925 Production Way 8,455 SF 100% Leased Retail Building Squamish, BC V8B 0K4 $2,272,247 USD ($268.75 USD/SF) 5.32% Cap Rate

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Investment Highlights

Leased to Kal Tire Ltd., the tenant operates under a net lease covering operating costs,utilities, and taxes.
One of few national chains along Highway 99 between Whistler and West Vancouver, creating limited competition and strong demand from highway traffic.
Squamish population up nearly 20% since 2019 with another 14% projected by 2029, supported by high average household income of $157,215.

Located in Squamish Business Park with direct access to Highway 99, the main route between Vancouver and Whistler.
Highway 99 is a “Winter Tire Zone” from October 1 to March 31, creating two predictable seasonal peaks for tire-related services.
Property includes a 828 SF residential unit, generating additional rental income.

Executive Summary

Marcus & Millichap's Western Canada NNN Group is pleased to present for sale 38925 Production Way, Squamish, BC. The property is a automotive service facility leased on a net lease to Kal Tire Ltd., one of Canada’s largest independent tire dealers, providing secure income backed by a strong corporate covenant. The site is strategically located in Squamish Business Park just off Highway 99, benefiting from high traffic volumes between Vancouver and Whistler.

OM. 38925 Production Way - March 9