MLS® 44460911 · Active

40 Riverside Way, 71 Riverside Drive

Okotoks, Alberta

$10,950,000

Source-listed price. Confirm sale or lease terms and availability.

Property photographs

Property details

MLS®

44460911

Status

Active

Property type

Retail

City

Okotoks

Living area

26670 square feet

Listing brokerage

NAI Commercial Real Estate Inc

About this property

Willow Shopping Centre is a 26,670 SF, two-building strata retail investment featuring prominent exposure along Northridge Drive in Okotoks, Alberta. The centre is fully leased to a diversified mix of service-oriented and daily-needs tenants, generating $814,680 in stabilized NOI with a 5.12-year weighted average lease term (“WALT”) and $29.27 PSF weighted average net rent (“WANR”). Situated within an established, high-income residential trade area, the property benefits from surrounding schools, mature residential density and $871M in consumer spending within a 3 km radius. (id:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of NAI Commercial Real Estate Inc. Source attribution · REALTOR.ca

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