10032 101 Street, occupied by TB!S (The Bargain! Shop) has been the retail destination for Lac La Biche and the surrounding area since 1994. Situated on a 40,511 square foot lot, the 15,022 square foot single-tenant asset is the main retail draw as a one-stop shop for all residents and travellers along Highway 881. The tenant is obligated to report sales, and has a long-standing history of very strong performance at this location.
The Bargain! Shop is owned by Red Apple Stores Inc., a wholly-owned subsidiary of BlackRock Capital Investment Corporation which has a market cap of $457.32M (Jan 2018) and operates a chain of 154 general merchandise stores, proudly serving Canadians in small communities.