The Boulder Group, a net leased investment brokerage firm completed the sale of a single tenant 7-Eleven located at 101 West Haven Boulevard in Leduc, Alberta, Canada for $4,266,142.<\/p>\n
The 2,400 square foot 7-Eleven is located at the hard corner of a signalized intersection along 50th Avenue which a primary east-west thoroughfare. The 7-Eleven property is strategically located in the area\u2019s primary retail corridor with Walmart Supercenter, RONA, Canadian Tire, TD Canada Trust, Jiffy Lube, Staples, Michaels, Domino\u2019s, Tim Hortons and Dairy Queen. The property is located in close proximity to Edmonton International Airport, which drives tremendous economic growth to the region.<\/p>\n
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The seller is a private Midwest based institution and the buyer is a locally based Canadian real estate investor.<\/p>\n
The lease is absolute triple net and features five 5-year renewal options. This is a 24-hour location and is also fitted with gas pumps on the large 1.19 acre site. 7-Eleven is the world\u2019s largest convenience store chain operating, franchising and licensing more than 64,319 stores in 18 countries. 7-Eleven is also one of the nation\u2019s largest independent gasoline retailers and was ranked #1 by Entrepreneur Magazine in the 2017 annual \u201cFranchise 500\u201d ranking.<\/p>\n