5426 55 StreetCold Lake, ABT9M1R5
The subject property is a high-performing Esso fuel retail asset featuring an "On the Run "convenience store, six-bay wand wash, automatic car wash, and a coin-laundry. Positioned on a prominent 35,026 sq. ft. corner lot, the site offers excellent visibility, easy access, and multiple diversified revenue streams.Cold Lake is entering a major growth cycle driven by two transformational projects:A $20-billion expansion of 4 Wing Cold Lake tied to the arrival of the F-35 fighter fleet, including new hangars, training facilities, and long-term military infrastructure.A $16-billion carbon-capture and energy project that will significantly increase industrial activity and workforce presence.These developments are expected to increase population, contractor traffic, and service-sector demand, directly supporting higher fuel volumes, C-store sales, and car-wash and laundry usage.The property is supported by strong infrastructure, including three double-wall fiberglass tanks installed in 2006, and a laundry facility with 13 washers and 12 dryers.Annual Revenues:2025: $4,428,903,2024: $4,921,621,2023: $5,303,620 (id:31684)
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