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Executive Summary

Single-tenant triple net investment property on Highway 20 in Sylvan Lake. Purpose-built commercial building on 1.04 acres, CH Highway Commercial zoning, constructed 2005. Two storeys with mezzanine. Open-span construction with high clear ceiling heights and no interior columns through the principal floor area. Owned surface parking with direct highway exposure and access. Currently leased to Landmark Cinemas of Canada Inc. on a triple net basis at $135,000 per annum, with the tenant responsible for all operating costs and property taxes. Lease expires January 9, 2030. Tenant has provided notice of intention to vacate at term end, presenting a repositioning opportunity for an incoming purchaser in one of Alberta's fastest-growing communities. Building configuration supports a range of alternative uses including recreation, entertainment, food and beverage, medical, childcare, and assembly occupancies.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
12,282 SF
Building Class
C
Year Built
2005
Price
$1,436,001 USD
Price Per SF
$116.92 USD
Tenancy
Single
Building Height
1 Story
Zoning
CH
Fairly walkable
40/100
Very drivable
80/100
Moderately bikeable
70/100

Nearby Major Retailers

Tim Hortons
Sobeys Liquor Sylvan Lake
nofrills
Royal Bank of Canada
Scotiabank
Taco Time (canada)
  • Listing ID: 41707852

  • Date on Market: 8/11/2026

  • Last Updated:

  • Address: 9 Beju Industrial Dr, Sylvan Lake, AB T4S 2J4

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