Retail Investment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30822247
Property Subtypes: Service Station/Gas Station, Vehicle Related
Building Size (RSF): 1,200 SF
Gross Land Area: 13,358 SF
Sale Price: $1,360,000
Unit Price: $1,133 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: 6.0%
Last Updated: 11/28/2022

Overview / Comments

Avison Young Commercial Real Estate has been appointed by the owner to sell a fully leased Great Canadian Oil Change in Portage La Prairie.

About GCOC
Great Canadian Oil Change (GCOC) has been providing fast and friendly service since 1978. With over 115 locations and growing, GCOC is the best choice for drive-thru oil changes and maintenance services to help you avoid costly and inconvenient breakdowns. For more information, please visit gcoc.ca/about-us.

Strong single tenant retail location
• Fully leased on a triple net basis.
• The tenant is a successful Great Canadian Oil Change franchised business owner with a number of locations, and is fully expected to extend their lease as it matures.
• The site is located on the major retail thoroughfare in Portage La Prairie.

Additional Details

Nearest MSA: Portage la Prairie
Market: Winnipeg
Tax ID/APN: 52400.000
Zoning: C3

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Contact

Photograph of Listing Agent

Steven Paulus

Avison Young Commercial R.E.(Manitoba)
CPIX® Member
Photograph of Listing Agent

Jamie McPetrie

Avison Young Commercial R.E.(Manitoba)
CPIX® Member
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