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671 Douglas Fir Rd 8,301 SF Retail Building Sparwood, BC V0B 2G1 $967,657 USD ($116.57 USD/SF) 8.02% Cap Rate
Investment Highlights
- 100% Leased to Kal Tire Ltd., a corporate tenant responsible for all operating costs, including utilities and day to day management.
- Close proximity to Highway 3 (Crowsnest Highway), offering strong regional connectivity and visibility within Sparwood’s industrial corridor.
- The Subject Property functions as an industrial mining tire repair facility, where heavy duty mining tires are inspected, repaired and restored.
- Sparwood’s population has grown over 7.2% since 2020, supported by expansion in the mining sector and regional infrastructure investment.
Executive Summary
Marcus & Millichap’s Western Canada NNN Group is pleased to present a three-property, triple-net (“NNN”) leased automotive retail portfolio located in Vanderhoof & Sparwood, B.C. and Regina, SK. Each property is leased to Kal Tire Ltd., Canada’s largest independent tire dealer, and is strategically positioned within established industrial or highway-oriented commercial nodes offering strong visibility and convenient access. The portfolio comprises over 46,700 SF of improvements across 3.44 acres and benefits from landlord-favourable NNN leases that provide stable, long-term income with minimal management obligations.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
8,301 SF
Building Class
C
Year Built
1979
Price
$967,657 USD
Price Per SF
$116.57 USD
Cap Rate
8.02%
NOI
$77,606 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.80 AC
Zoning
M-1 - Light Industrial
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671 Douglas Fir Rd
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