MNSKEY 647-325-5000

MLS® 45633739

St. Albert, AB, T8N7X6

Listed by RE/MAX Excellence

$1,950,000

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  • 3059 sq ft

Listed 35 days ago · MLS® 45633739

About this home

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:66966)

Details

Type
Retail
Size
3059 sq ft
Municipality
St. Albert

Interior

Fireplace
No

Location

Location is approximate. See nearby homes on the map

Listed by RE/MAX Excellence.

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