Jon Buckley Phone: 604-630-0215 Email: [email protected]
For questions about municipal activities such as zoning, land-use, permits, incentives
Daru Pretorius, Economic Development Advisor, City of Cold Lake 780-594-4494 | [email protected] https://coldlake.com/en/index.aspx
For questions about government programs and investing in Alberta Email: [email protected]
Overview See Full Listing

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity for an investor to acquire 201-2550 16 Avenue, Cold Lake, Alberta (the "Subject Property"). The Subject Property represents a stable, income-producing QSR drive-thru operating under well-known national banners, Burger King and The Chopped Leaf. The tenants are operating on completely NNN leases with minimal landlord responsibilities.

Building Overview

New construction, built in 2020 Dual lane drive-thru. Excellent exposure and access to major Alberta Provincial Highways, Highway 28 and Highway 55. Tenants take care of all day-to-day management of the property including snow removal, landscaping, garbage removal, HVAC maintenance, etc.

Details
Available Space: 3629ft²
Price: $2,200,000
Location Street Address: 2550 16 Avenue
Net Operating Income: $152,848
Space Year Built: 2020
Space Zoning: C2 – Arterial Commercial
Lot Size: 30056.0 SF
Lot Size Units: SF
Space Types: Retail
Suite Number: LOT 2
Building Size Sf: 3629
Property Types: Retail
Property Year Built: 2020
Property Zoning: C2 – Arterial Commercial
Infrastructure Details
Note: distances are in straight line, rather than driving distances
Nearest highways:
  • Highway 28 - Less than 1 km (High Load Corridor)
  • Highway 55 - Less than 1 km (High Load Corridor)
  • Highway 897 - 4.85 km (High Load Corridor)
  • Highway 659 - 24.27 km
  • Highway 892 - 18.62 km
Nearest hospital:
  • Cold Lake Healthcare Centre - 1.37 km
Nearest airports:
  • Regional: Lloydminster Municipal Airport - 127.72km
  • International: Fort McMurray International Airport - 252.58km
Nearest powerlines:
  • ATCO - 7L28 144kv - 2.55 km
Nearest substations:
  • GRAND CENTRE - 846S , ATCO - 5.66 km
Nearest irrigation systems:
  • Within 397.06 km
Nearest railways:
  • Canadian National, Class : Main - 120.22 km
Nearest gas franchise area:
  • ATCO Gas - City Of Cold Lake
Nearest Power Plant:
  • Mahkeses (IOR1), Imperial Oil Limited - 18.88 km
    Cogeneration, 180 MW
Fibre Internet Availability:
  • Ready/Available
  • Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
Type Name Operated By Types of Products Shipped Distance
Yard CP Lloydminster Yard Canadian Pacific
130.94 KM
Grain CN Vermilion Grain Terminal Cargill Ltd.
  • Grain
129.44 KM
Grain CN Vermilion Grain Terminal Viterra Inc.
  • Grain
130.24 KM
Yard CN Vermilion Yard Canadian National
130.21 KM
Yard CN Wainwright Yard Canadian National
186.02 KM
Highways
Airports
Railways
Rail Stations
Powerlines
Substations
Irrigation
Community Economic Highlights: Cold Lake, AB
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Cold Lake has a young population with an average of 33.9 compared to the Alberta average age of 39.
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Cold Lake has a median family income of $122,000 compared to the Alberta median of $96,000.
...
Defence Construction Canada recently chose Cold Lake to invest $525M at CFB Cold Lake for the Military Fighter Squadron Facility.
Community Economic Details: Cold Lake, AB
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See Regional Profile
Site Data Provided by:
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