40 Riverside Way, 71 Riverside Drive
Okotoks, Alberta
MLS® 44460911
$10,950,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 44460911
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 2Listing description
Willow Shopping Centre is a 26,670 SF, two-building strata retail investment featuring prominent exposure along Northridge Drive in Okotoks, Alberta. The centre is fully leased to a diversified mix of service-oriented and daily-needs tenants, generating $814,680 in stabilized NOI with a 5. 12-year weighted average lease term (“WALT”) and $29.
27 PSF weighted average net rent (“WANR”). Situated within an established, high-income residential trade area, the property benefits from surrounding schools, mature residential density and $871M in consumer spending within a 3 km radius.
Property summary
- MLS® number
- 44460911
- Property type
- Retail
- Square footage
- 26,670 sq ft
- Land size
- 20225.5108 square feet
- Days on market
- 174 days
What would this home cost you?
Based on the $10,950,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of NAI Commercial Real Estate Inc, Edmonton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.