2802-2810 5 Av N - Storefront Retail/Office FOR SALE


Lethbridge, AB T1H 0P1
$2,600,000 CAD
403-942-0064
2802-2810 5 Av N, Lethbridge, AB for Sale
$2,600,000 CAD
Storefront Retail/Office - FOR SALE
1/9
null | 9.23% Cap Rate

2802-2810 5 Av N
Lethbridge, AB T1H 0P1


HIGHLIGHTS

  • The subject property offers a busy strip plaza with exposure to 16,800 VPD+ from 5th Avenue North.
  • urrent building tenants include Honkers Pub & Eatery, Caveman Transport, Viagen, WD Counselling, Barber John’s Men’s Hairstyling

OVERVIEW

This investment property has a history of very little vacancy and most tenants have been in their space for 5+ years. The property has a net income of approximately $225,000. The current owner has made it a priority to complete the regularly required building maintenance, including regularly replacing HVAC units. Please contact an Associate to discuss this opportunity further.

FOR SALE DETAILS

PRICE

$2,600,000 CAD

PRICE/SF

$124 CAD /SF

CAP RATE

9.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

D-C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Doug MereskaAvison YoungMore Info
403-942-0064

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Doug MereskaAvison YoungMore Info
403-942-0064

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