$5,500,000.00 10,886 Sq.ft

2248 50 Street , Drayton Valley. T0E 1Z0

Description

Click brochure link for more details** Exclusive opportunity to acquire a newly constructed retail centre with two additional commercial development pad sites located in Drayton Valley, Alberta. Horizon Travel Centre is a newly constructed retail centre anchored by Mr. Mike’s, Ace Liquor, and Lube City. The Property was constructed between 2015 - 2017. The Property is 100% occupied and has 10,886 square feet of net leasable area situated on 3.64 acres of land. There are two serviced and immediately developable pad sites that are 32,615 SF and 39,181 SF in size. Located in Drayton Valley with prominent exposure to 50th Street, the Horizon Travel Centre benefits from strong traffic counts (5,800 vehicles per day in 2022) and excellent accessibility. Neighbouring properties include the Petro Canada fuel and convenience and the Best Western Plus All Suites which both help to draw traffic and customers to the Horizon Travel Centre. The two pad development sites allow an investor and developer to create future upside at the site. Excellent access and exposure to the main arterial road. Average daily traffic counts of 5,800 vehicles per day northbound on 50th street (2022). Benefits from the traffic draw of both the Petro Canada and the Best Western Plus All Suites

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2114174
City:Drayton Valley
Neighbourhood:Drayton Valley
Province:Alberta
Building/Unit Size: 10,886 sq.ft
Land Size:0.00 Acre
Listing Price:$5,500,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Retail
Transaction Type:For Sale
Land Use Code:C-GEN
Listing Contract Date:2024-03-12

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Honestdoor Inc." listing brokerage.

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