318-4 Nolanridge Cres NW - Storefront Retail/Office CONDO FOR SALE
Calgary, AB T3R 1J4- Suburban North |
$1,150,000 CAD
403-903-7879
318-4 Nolanridge Cres NW
Calgary, AB T3R 1J4
Suburban North
HIGHLIGHTS
- Stabilized NNN retail investment—fully leased liquor store unit generating $64,986/year.
- ~7 years term remaining—supports predictable cash flow and reduced rollover risk.
- 2019 construction—modern retail format.
- Nolan Hill (NW Calgary) location—growing residential trade area.
- Asking $1,150,000 | ~5.65% implied cap rate | ~$698/SF (based on stated income and 1,647 SF).
OVERVIEW
Single-tenant retail condo investment for sale in Nolan Hill, NW Calgary. The 1,647 SF unit is fully leased to a liquor store operator under a Triple Net (NNN) lease generating $64,986 annually, with approximately 7 years remaining on the term. Built in 2019, the property is offered as a turnkey, stabilized leased-fee investment at an asking price of $1,150,000, equating to an implied cap rate of ~5.65% and ~$698/SF. Listing notes exclusive liquor store use and instruct no tenant contact.
FOR SALE DETAILS
PRICE
$1,150,000 CAD
PRICE/SF
$698 CAD /SF
CAP RATE
5.65%
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
8,549 SF
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.68 AC
LAND SF
116,937 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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403-903-7879
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403-903-7879
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