Sanket Patel Commercial Realtor
Incredible turnkey investment opportunity to acquire Kicks Saloon in Redwater with an in-place tenant on a true NNN lease and step-up rent structure, delivering a strong 7.8%cap rate. This asset offers an immediate income stream with minimal landlord responsibilities. Located in a growing community benefiting from Alberta’s oil and industrial economy tailwinds, the property features a long operating history and proven tenant performance. A solid, hands-off investment with built-in rent growth and stable cash flow in a high-demand regional market. (id:55254)
| MLS® Number | 44931927 |
| Property Type | Retail |
| Constructed Date | 1949 |
| Size Interior | 6,400 Sqft |
| Acreage | No |
| Size Irregular | 9104.039999999999 |
| Size Total | 9104.04 Sqft|under 1/2 Acre |
| Size Total Text | 9104.04 Sqft|under 1/2 Acre |
https://www.realtor.ca/real-estate/29790574/4820-49-st-redwater
Contact us for more information
Stephanie Richter
Associate
(403) 262-7653