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$750,000 total
2,205 SF
Asset Class
Specialty
Size
2,205 SF
Building class
B
Zoning
DC2 — Site Specific
$ / SF
$340
Occupancy
96%
Year Built
1995
Lot Size
5.46 ac
Exceptional opportunity to acquire a high-volume, diversified business in Beiseker, Alberta, combining a gas station, convenience store and food operation with annual sales approaching $4 million. Offered at $750,000, the business generates revenue from multiple streams, including approximately 40% fuel, 22% in-store merchandise, 20% food sales, 15% tobacco and 3% lottery. The gas operation is branded with Centex, with the current agreement in place until 2032, and the fuel system includes double-wall fibreglass tanks and lines installed in 2009. The premises also include substantial additional space suitable for a full-service restaurant, previously occupied by a popular local pub, creating further potential to expand the food-service component. There may also be an opportunity to introduce VLTs, subject to applicable approvals and licensing. An on-site mobile home can accommodate up to four employees, offering a valuable staffing advantage for the operation. The property has also gained added recognition as a filming location for a popular U.S. television series. The lease includes an option to renew for an additional seven years, supporting longer-term operating continuity. Beiseker is strategically located northeast of Calgary at the junction of Highways 9 and 72, providing convenient access to Calgary, Drumheller and surrounding rural communities while serving local residents, agricultural customers and regional traffic. With strong sales volume, diversified income, an established fuel agreement, restaurant expansion potential and employee accommodation, this business presents an attractive opportunity for an owner-operator or experienced business group seeking a substantial operation with multiple avenues for growth. The business operates from leased premises and the sale does not include the real estate. Additional financial and operational information is available to qualified buyers upon execution of a confidentiality agreement. (id:66811)
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Monthly debt service
$3K
Projected NOI
$54K
Annual cash flow
$12K
Cash-on-cash
5.33%
DSCR
1.29
Going-in cap
7.14%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 850 SF | 2030-11 |
| Meridian Health Group | 510 SF | 2030-11 |
| Meridian Health Group | 400 SF | 2030-11 |
| Meridian Health Group | 452 SF | 2030-11 |
Trade area within 3 miles of the property.
Population
68,047
Households
30,758
Median income
$119,000
Median age
36.6
Daytime population
92,492
5-yr growth
8.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 610 AB-9 Highway, Beiseker.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.