The Vendor has retained Form Retail Advisors Inc. and National Retail Group (the “Co-Listing Agents”) to facilitate the sale of 703 Alberta Street located in Brooks, AB (the “Subject Property”).

The Subject Property is a 2,700 square foot, single-tenant Tim Hortons with drive-thru, situated on a 96,703 square foot (2.22 acre) site. With a site coverage of less than 3% and positioning adjacent to Canadian Tire to the south and No Frills to the north, this property presents an excellent opportunity for large format commercial development on the additional lands.





Highlights Include: 

  • Single-tenant, new format drive-thru, tenanted by Tim Hortons on a long-term lease.
  • Ability to add an additional 15,000 – 20,000 square feet of commercial product on site.
  • Year 1 NOI of $81,999.

Offered at $1,500,000 (~5.50% cap rate)