List Search

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

$884,393 USD

Medical Condo For Sale  •  3,400 SF

Property Details

  • Property Type Medical
  • Total Building Size 101,571 SF
  • Lot Size 2.01 AC
  • Building Class B
  • Year Built 2008
  • Tenancy Multiple
  • Zoning I-B
50 Transit Score
40 Walk Score

1 Unit Available

Name Condo Use Size Price Details
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.

Description

The property consists of two commercial condominium units identified as Units 101 and 103 at 11420 27 Street SE in Calgary, Alberta. The combined area is reported as 3,400 square feet and is zoned I-B. The units are leased to a franchise tenant under a lease term running from April 1, 2025, through March 31, 2035. Reported annual net operating income is $72,000. Condo fees are listed at $1,516.43 per month for Unit 101 and $1,541.29 per month for Unit 103 for 2026. The property is located in the Douglasdale area with access to Deerfoot Trail, Stoney Trail, and Glenmore Trail.

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.

Property Flyers

Amenities

  • Atrium
  • Bus Line
  • Controlled Access
  • Signage
  • Central Heating
  • Natural Light
  • Recessed Lighting
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Calgary International 24 min - 15.6 mi
Gerry Macdonald Sr 403-219-0151 CMS Real Estate Ltd.
Gerry Macdonald Sr 403-219-0151 CMS Real Estate Ltd.