2248 50 Street Active

Drayton Valley,AB T0E1Z0

$ 5500000

- Bed

- Bath

10886 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,886 sqft

Price per Sqft $505

Subdivision Drayton Valley

MLS Listing ID A2114174

Year Built 2015

Property 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 between2015 - 2017. The Property is 100% occupied and has 10,886 square feet ofnet leasable area situated on 3.64 acres of land. There are two servicedand immediately developable pad sites that are 32,615 SF and 39,181 SFin size.Located in Drayton Valley with prominent exposure to 50th Street, theHorizon Travel Centre benefits from strong traffic counts (5,800 vehiclesper day in 2022) and excellent accessibility. Neighbouring propertiesinclude the Petro Canada fuel and convenience and the Best Western PlusAll Suites which both help to draw traffic and customers to the HorizonTravel Centre. The two pad development sites allow an investor anddeveloper 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 50thstreet (2022). Benefits from the traffic draw of both the Petro Canada and the Best WesternPlus All Suites (id:24570)

Location

Province AB

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