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$ 21,000,000
Est. payment | /mo
38,745 SqFt
$ 21,000,000
Est. payment | /mo
38,745 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 38,745 sqft
Price per Sqft $542
Subdivision Royal Vista
MLS® Listing ID A2197071
Originating Board Calgary Real Estate Board
Year Built 2019
Property Description
Urban Realty is proud to offer for Sale a 100% freehold interest in a retail shopping center located at 4 Royal Vista Way NW Calgary Alberta. Royal Vista is 38,745 square feet of neighborhood retail located in the growing community of Royal Vista in the northwest quadrant of Calgary. Royal Vista plaza is 100% leased with a diverse mix of retail tenants, sitting on 4.32 acres and is comprised of gas station with convenience store, three multi-tenant buildings, and a single tenant freestanding building. The investment offers investors a secure long term hold with strong tenants in place that have periodic rent increases to create more cash flow. Most of the remaining leases have 5+ years and all incentives and inducements have been provided by the current Landlord. Royal Vista is being offered for sale at $21,000,000 which represents a capitalization rate of 6.5%. (id:24570)
Location
Province AB
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Acceptable Financing Monthly
Listing Terms Monthly
Listed by URBAN-REALTY.ca