About 100 6 Avenue Sw
e exclusive opportunity to acquire
a 100% freehold interest in Slave Lake 7-Eleven (the “Property”), located
at 100 - 6 Avenue SW, Slave Lake, Alberta.
Slave Lake 7-Eleven gas station and convenience store consists of 2,720
square feet of leasable area on a 0.46-acre lot. 7-Eleven has occupied
the site as a single tenant for with full corporate guarantee by the
parent company. An incoming investor benefits from exceptional
income stability contractual rental increases. The lease structure is
Absolute NNN and tenant is responsible for property taxes, insurance,
roof, and structure. The tenant holds three additional five-year options
to renew with 10% preset increases to base rent.
Situated on a prominent corner lot, the Property is well-positioned along
Main Street, the primary retail corridor in Slave Lake. With access from
both Main Street and 6 Avenue, Slave Lake 7-Eleven benefits from 9,160
vehicles passing by daily (2024). Main Street Slave Lake attracts locals,
employees, tourists, and residents of the surrounding Municipal District
of Lesser Slave River for shopping and daily service needs.
