|
1st Floor - Unit 101&103
|
Office/Retail
|
3,400 SF
|
$884,393 USD
|
|
-
Unit Size: 3,400 SF
-
Condo Use: Office/Retail
-
Price: $884,393 USD
-
Sale Type: Investment
-
Price/SF: $260.12 USD
Description
Suite renovated in 2015 with nine offices, boardroom, open concept, attractive front reception area
Sale Notes
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.
|