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Sanket Patel Commercial Realtor

Unknown Address St. Albert, Alberta T8N 7X6

Unknown Address, St. Albert, Alberta T8N 7X6 (30290188), Calgary — Homes for Sale

3,059 sqft
Acreage

$1,950,000

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:55254)

Property Details

MLS® Number 45633739
Property Type Retail

Building

Size Interior 3,059 Sqft

Land

Acreage Yes
Size Irregular 231322.26733284153
Size Total 231322.2673 Sqft|5 - 10 Acres
Size Total Text 231322.2673 Sqft|5 - 10 Acres

https://www.realtor.ca/real-estate/30290188/st-albert

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Ravi Thakur
Associate

(780) 994-1646
(780) 481-1144

RE/MAX Excellence
201-5607 199 St NW
Edmonton, Alberta T6M 0M8

(780) 481-2950
(780) 481-1144

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