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Listed by Ravi Thakur RE/MAX Excellence
$ 1,950,000
Est. payment | /mo
$ 1,950,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 45633739
Property 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.
Location
Province AB
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