Urban Realty is proud to offer for sale a 100% freeholdinterest in a Mixed use office and retail center located at15 Royal Vista Place NW Calgary AB. The property spans62,000 square feet of Retail, Medical and Office Tenant'sand is 100% leased. Sitting on just under 4.26 Acresthe development features a couple free standing buildingscurrently leased to a national bank and a dental surgeonand a 3-storey mixed use office and retail buildingcontaining neighborhood retail and medical Tenant's.The investment offers investors a secure long-term holdwith opportunities to increase cash flow on renewals andbuild an additional pad site on the property. Most Tenant'shave been at the location for 5+ years and there is verylittle turn over with the Tenant's. The property is beingoffered for sale at $26,000,000.00 which represents acapitalization rate of 6.5% (id:27476)
