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Boston Pizza two-site portfolio in Alberta sells for $4.52 million

Two stand-alone, single-tenant retail properties in Edson and Hinton, Alberta, have corporate leases in place.
Western Investor Staff
Tim Hortons 4523 4th Avenue, Edson, Alberta; 100, 506 Carmichael Lane, Hinton, Alberta. AY
Avison Young, Edmonton, for Western Investor

Type of property: Retail portfolio

Locations: 4523  4th Avenue, Edson, Alberta; 100, 506 Carmichael Lane, Hinton, Alberta

Size of properties: 15,409 square feet (combined)

Land size: 129,373 square feet (combined)

Land size, in acres: 2.97 acres (combined)

Zoning Retail/commercial

List price: $4.52 million

Sale price: $4.31 million

Brokerage: Avison Young, Edmonton

Brokers: Reed Newnham and James Robertson.