Incredible turnkey investment opportunity to acquire Kicks Saloon in Redwater with an in-place tenant on a true NNN lease and step-up rent structure, delivering a strong 7.8%cap rate. This asset offers an immediate income stream with minimal landlord responsibilities. Located in a growing community benefiting from Alberta’s oil and industrial economy tailwinds, the property features a long operating history and proven tenant performance. A solid, hands-off investment with built-in rent growth and stable cash flow in a high-demand regional market. (id:51989)
Features of 4820 49 Street
- MLS® Number 44931927
- Price $849,000
- Square Footage: 6400 sqft
Buildings
| Constructed Date | 1949 | Size Interior | 6400 Sqft |
Land
| Acreage | No | Size Irregular | 9104.039999999999 |
| Size Total | 9104.04 Sqft|under 1/2 Acre | Size Total Text | 9104.04 Sqft|under 1/2 Acre |
Agents and Offices
- Stephanie Richter
- Office: Exp Realty