2248 50 St - Retail FOR SALE


Rocky Rapids, AB T0E 1Z0
$4,950,000 CAD
780-428-7850
2248 50 St, Rocky Rapids, AB for Sale
$4,950,000 CAD
Retail - FOR SALE
1/1
null | 7.33% Cap Rate

2248 50 St
Rocky Rapids, AB T0E 1Z0


HIGHLIGHTS

  • Excellent access and exposure to the main arterial road
  • Opportunity to bring new tenants to the site and increase yield
  • Long term leases in place with strong covenants

OVERVIEW

Horizon Travel Centre is a newly constructed retail centre anchored by Mr. Mike’s, Ace Liquor, and Lube City. The Property is 100% occupied and has 10,886 square feet of net leasable area situated on 3.64 acres of land. There are two serviced and immediately developable pad sites that are 32,615 SF and 39,181 SF in size.

FOR SALE DETAILS

PRICE

$4,950,000 CAD

PRICE/SF

$455 CAD /SF

CAP RATE

7.33%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Horizon Travel Centre

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

3.64 AC

LAND SF

158,558 SF

ZONING

C- GEN

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Reed NewnhamAvison YoungMore Info
780-428-7850

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Reed NewnhamAvison YoungMore Info
780-428-7850

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.