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7-Eleven 4913 50 Ave 2,691 SF Retail Building Drayton Valley, AB T7A 1J5 $897,621 USD ($333.56 USD/SF) 7.39% Cap Rate



Investment Highlights
- The Subject Property is secured by a net lease structure under which the tenant is responsible for property taxes, utilities, and most maintenance.
- The Subject Property occupies a prominent corner lot in the heart of Drayton Valley's downtown commercial corridor.
- Recent environmental reporting has been completed for the Subject Property and will be made available upon execution of a CA.
- 7-Eleven has successfully operated at the Subject Property for more than three decades, demonstrating the location's long-standing importance.
- Having operated from this location for decades, the tenant benefits from a well-established presence within the community.
Executive Summary
Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire 4913 50 Avenue, Drayton Valley, Alberta (the "Subject Property"). The Subject Property represents a freestanding single-tenant commercial asset tenanted by 7-Eleven Canada, Inc., occupying a prominent corner-lot position in the heart of Drayton Valley's downtown commercial corridor. Benefiting from strong visibility, multiple points of access, and proximity to a diverse mix of retail, service, and community amenities, the property is well-positioned within one of the community's primary commercial nodes. As a key regional service centre supporting central Alberta's oil & gas, forestry, and agricultural industries, Drayton Valley provides a stable economic foundation and serves a broad surrounding trade area.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,691 SF
Year Built
1980
Price
$897,621 USD
Price Per SF
$333.56 USD
Cap Rate
7.39%
NOI
$66,334 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.37 AC
Zoning
C-BUS - Commercial Business
Moderately walkable
60/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 4
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7-Eleven | 4913 50 Ave
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