Two Alberta single-tenant retail sites sell for $4.74 million

The Boston Pizza properties, each 6,000-square-feet, are on 1.12 acres in Bonnyille and a 0.70-acre site in Cold Lake, and both were sold with long-term, triple-net leases in place.

By
Avison Young / Edmonton / for Western Investor
April 22, 2021





Boston Pizza Bonnyville and Cold Lake
— Avison Young, Edmonton, for Western Investor

Type of property: Retail

Number of units: 2

Location: 5406 Eastpointe Way, Bonnyville and 4308 50 Street, Cold Lake, Alberta

Size of property: 13,114 square feet (total)

Size of land: 79,279 square feet

Land size in acres: 1.82 acres (total)

Sale price: $4.74 million

Date of sale: April 12, 2021

Brokerage: Avison Young, Edmonton

Brokers: Reed Newnham and James Robertson

 


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