MLS® 45633739 · Active

St. Albert

St. Albert, Alberta

$1,950,000

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

Property photographs

Property details

MLS®

45633739

Status

Active

Property type

Retail

City

St. Albert

Living area

3059 square feet

Listing brokerage

RE/MAX Excellence

About this property

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:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of RE/MAX Excellence. Source attribution · REALTOR.ca

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