104 3rd Ave SE - Storefront FOR SALE


High River, AB T1V 1G3
$1,795,000 CAD
403-601-5159
104 3rd Ave SE, High River, AB for Sale
$1,795,000 CAD
Storefront - FOR SALE
1/5
null | Request Cap Rate

104 3rd Ave SE
High River, AB T1V 1G3


OVERVIEW

Welcome to Heritage Village!! A fully leased multi-tenant retail investment opportunity, located downtown High River! This property offers investors cash flow with significant upside potential. The property features a strong mix of food, retail, beauty, and service-oriented tenants, anchored by a long-term Pizza 73 lease extending through 2036. The building is approximately 10,000sqft, generates stable income and has below market rental rates, that provide for future growth. Allowing investors to further enhance NOI and long-term value. This is an excellent opportunity for dependable income in a growing Southern Alberta/High River market, that has a strong community and limited retail inventory. Investment highlights include - Fully leased retail strip, diversified tenant mix, long-term Pizza 73 anchor lease, stable annual NOI, below-market in-place rents with upside potential, strong exposure in downtown High River, attractive investment for passive income and long-term appreciation. This building is ideal for, hold-and-grow portfolios, passive income buyers or anyone looking to become a commercial real estate investor in the province of Alberta. Confidential lease and financial information available upon request - NDA required. Please do not approach or interrupt the tenants and their day to day operations. (32072081)

FOR SALE DETAILS

PRICE

$1,795,000 CAD

PRICE/SF

$173 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,703 SF

ZONING

CBD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Joshua TorrenceCentury 21 Foothills Real EstateMore Info
403-601-5159

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Joshua TorrenceCentury 21 Foothills Real EstateMore Info
403-601-5159

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