318 Nolanridge Cres NW - Storefront Retail/Office FOR SALE


Calgary, AB T3R 1W9- Suburban North
$1,150,000 CAD
403-903-7879

NO PHOTO

$1,150,000 CAD
Storefront Retail/Office - FOR SALE
null | 5.65% Cap Rate

318 Nolanridge Cres NW
Calgary, AB T3R 1W9
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%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

D-C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ramesh VermaReal Estate Professionals Inc.More Info
403-903-7879

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Ramesh VermaReal Estate Professionals Inc.More Info
403-903-7879

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