480 Tranquille Road

For Sale | Retail | ± 13,420 SQFT | $2,500,000
Overview

Here is an incredible chance to acquire a prominent corner retail building, with Total Pet as its anchor tenant. The investment is secured with a long-term lease potentially until 2042 with escalations throughout the term. Total Pet operates under the umbrella of Pet Valu, a company that owns Total Pet, Bosley’s, and Tisol, providing the buyer with assurance that their Tenant is backed by a substantial corporate entity. With stability and promising growth prospects, this property presents an ideal opportunity for those looking to invest in future expansion.

Fantastic Holding Property with Long Term Lease

  • Fantastic Holding Property
  • Long Term Lease
  • Large Corner Prominent Lot
  • Total Pet as Anchor Tenant

Details
Status

For Sale

Address

480 Tranquille Road, Kamloops,
Canada

Size

± 13,420 SQFT

Type

Retail

Price

$2,500,000

Property Taxes

$33,573.61

PID

011-007-222

Zoning

CNS

Location

The North Shore of Kamloops is undergoing an unprecedented wave of development, with an influx of new condominiums and commercial projects either underway or in the approval phase. This surge in construction activity is poised to reshape the skyline of the North Shore. This remarkable growth not only signifies progress but also presents opportunities for businesses, residents, and the community at large.


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Marianne DeCotiis
Marianne DeCotiis

Personal Real Estate Corporation

Commercial Sales & Leasing

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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.