11420 27th St SE - Medical CONDO FOR SALE


Calgary, AB T2Z 3R6- Suburban South
$1,225,000 CAD
403-219-0151
11420 27th St SE, Calgary, AB for Sale
$1,225,000 CAD
Medical CONDO - FOR SALE
1/26
null | 5.88% Cap Rate

11420 27th St SE
Calgary, AB T2Z 3R6
Suburban South


HIGHLIGHTS

  • Long-term triple net lease extends through March 31, 2035.
  • Occupied by an established international franchise tenant.
  • Tenant has operated in Calgary since 2016.
  • Convenient access to Deerfoot Trail, Stoney Trail, and Glenmore Trail.
  • Two main-floor commercial condominium units offered together.
  • Provides annual net operating income of $72,000.

OVERVIEW

The offering consists of two main-floor commercial condominium units located at 11420 27 Street SE in Calgary's Douglas dale area. The property is fully occupied by an established international franchise tenant operating under a long-term triple net lease, providing investors with contractual income through March 31, 2035. The lease structure transfers many operating expenses to the tenant, supporting predictable cash flow and reducing landlord management responsibilities. Positioned in southeast Calgary, the property benefits from access to Deerfoot Trail, Stoney Trail, and Glenmore Trail, three of the region's primary transportation corridors. This connectivity supports convenient access throughout Calgary and enhances accessibility for customers, employees, and service providers. The surrounding commercial environment and established development pattern contribute to the property's functionality as a long-term leased investment. The asset presents an opportunity for investors seeking stable income backed by an established occupier with a demonstrated operating history in Calgary dating back to 2016. The combination of long-term tenancy, contractual lease income, and a location within an established southeast Calgary commercial area creates an investment profile focused on income continuity and tenant stability.

FOR SALE DETAILS

PRICE

$1,225,000 CAD

PRICE/SF

$360 CAD /SF

CAP RATE

5.88%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

101,571 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.01 AC

LAND SF

87,556 SF

ZONING

I-B

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Gerry Macdonald SrCMS Real Estate Ltd.More Info
403-219-0151

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Gerry Macdonald SrCMS Real Estate Ltd.More Info
403-219-0151

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