24 Main SW st - Retail FOR SALE


Falher, AB T0H 0E4
$1,815,000 CAD
855-632-1392
24 Main SW st, Falher, AB for Sale
$1,815,000 CAD
Retail - FOR SALE
1/9
null | 9% Cap Rate

24 Main SW st
Falher, AB T0H 0E4


HIGHLIGHTS

  • Heavy daily foot traffic
  • Staple building in region

OVERVIEW

Exceptional Multi-Tenant Commercial Investment located in Falher, AB. This is an outstanding opportunity to acquire a well-established commercial property in the heart of Falher. This ±21,506 sq. ft. multi-tenant building is prominently located on Main Street, offering excellent visibility, steady foot traffic, and convenient access for tenants and customers. As a staple asset within the community, this property has a proven track record of stability and long-term occupancy, making it a low-risk, high-reward investment. The building is fully leased to a diverse mix of five long-term tenants, including ATB Financial, Falher Foods, Canada Post, a Barber, and BrokerLink. These well-established businesses contribute to the property’s reliability and long-term income security. The leases are structured as triple net agreements, ensuring minimal operational expenses for the owner while providing a stable 9% capitalization rate. This asset offers investors a consistent and predictable revenue stream. The property has been well maintained and features a large paved parking area, enhancing accessibility for both tenants and customers. Its prime Main Street location ensures high exposure, further strengthening tenant retention and long-term value appreciation. This is an exceptional opportunity to acquire a turnkey, income-generating commercial property with secure long-term revenue, minimal management responsibilities, and strong financial performance. This asset provides immediate and sustainable returns, whether as a portfolio addition or a stand-alone investment. Book your showing

FOR SALE DETAILS

PRICE

$1,815,000 CAD

PRICE/SF

$84 CAD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Falher Strip Mall

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.54 AC

LAND SF

110,642 SF

ZONING

C1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Walker CoteSutton Group - Grande Prairie ProfessionalsMore Info
855-632-1392

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Walker CoteSutton Group - Grande Prairie ProfessionalsMore Info
855-632-1392

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