This commercial Investment Sale opportunity is STANDALONEPAD Site in appx. 6 Acres Retail Plaza (Erin RidgePlaza appx.64,000 square feet) and, located in affluent andrapidly growing community of Erin Ridge North, St. Albert.The unit (910) has around 3059 square feet gross leasablearea, and currently occupied by a stable business. There islong term lease in place and has more than seven (7) yearsleft on the primary lease terms. There is future stepped upincrease towards Net Operating Income as base rents areescalated over the term of lease (Stepped up Base rent).This is an ideal opportunity to generate income investingyour dollars in a safer way in a quality asset with a stableTenant as occupant.Please do not solicit business operator or their employeesdirectly. (id:51989)
Features of Unknown Address
- MLS® Number 45633739
- Price $1,950,000
- Square Footage: 3059 sqft
Buildings
| Size Interior | 3059 Sqft |
Land
| Acreage | Yes | Size Irregular | 231322.26733284153 |
| Size Total | 231322.2673 Sqft|5 - 10 Acres | Size Total Text | 231322.2673 Sqft|5 - 10 Acres |
Agents and Offices
- Ravi Thakur
- Office: RE/MAX Excellence