St. Albert, Alberta
St. Albert, Alberta
MLS® 45633739
$1,950,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 45633739
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 5Listing description
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.
Property summary
- MLS® number
- 45633739
- Property type
- Retail
- Size
- 3,059 sq ft
- Land size
- 231322.2673 square feet
- Days on market
- 16 days
What would this home cost you?
Based on the $1,950,000 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 RE/MAX Excellence, 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.