, St. Albert, Alberta T8N 7X6

Listed for:
$1,950,000
0 beds
0 baths
Listed 14 days ago
, St. Albert, Alberta T8N 7X6

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About

This commercial Investment Sale opportunity is STANDALONEPAD Site in appx. 6 Acres Retail Plaza (Erin RidgePlaza appx.64,000 square feet) and, located in affluent andrapidly growing community of Erin Ridge North, St. Albert.The unit (910) has around 3059 square feet gross leasablearea, and currently occupied by a stable business. There islong term lease in place and has more than seven (7) yearsleft on the primary lease terms. There is future stepped upincrease towards Net Operating Income as base rents areescalated over the term of lease (Stepped up Base rent).This is an ideal opportunity to generate income investingyour dollars in a safer way in a quality asset with a stableTenant as occupant.Please do not solicit business operator or their employeesdirectly. (id:27476)

Property Highlights

MLS® Number
45633739
Type
Retail
Land Size
231322.2673 sqft|5 - 10 acres

Building

Square Footage
3059 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
RE/MAX Excellence
MLS® number:
45633739
Agent:
Ravi Thakur
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