3650 Sage Hill Dr NW - Storefront FOR SALE


Calgary, AB T3R 1J1
$3,800,000 CAD
403-463-8663
3650 Sage Hill Dr NW, Calgary, AB for Sale
$3,800,000 CAD
Storefront - FOR SALE
1/3
null | 6% Cap Rate

3650 Sage Hill Dr NW
Calgary, AB T3R 1J1


OVERVIEW

This fully leased plaza presents an attractive investment opportunity with a 10-year triple net lease (NNN) term and a 6% cap rate. In a triple net lease, the tenant is responsible for property expenses, including insurance, maintenance, and property taxes, in addition to the rent. The 6% cap rate indicates the annual return on investment based on the property's net operating income. With the security of long-term tenants and minimal landlord responsibilities, this property could offer steady income and potentially appreciate over time, making it a compelling addition to any real estate portfolio.

FOR SALE DETAILS

PRICE

$3,800,000 CAD

PRICE/SF

$680 CAD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

18.21 AC

LAND SF

793,356 SF

ZONING

DC

APN/PARCEL ID

381002302

ASK ABOUT THIS PROPERTY

Harry MannAvenue CommercialMore Info
403-463-8663

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Harry MannAvenue CommercialMore Info
403-463-8663

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