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318-4 Nolanridge Cres NW
Calgary, AB T3R 1J4 Suburban North

$810,613 USD

Storefront Retail Office Condo For Sale  •  1,647 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 8,549 SF
  • Lot Size 2.68 AC
  • Building Class C
  • Year Built 2023
  • Tenancy Multiple
10 Transit Score
30 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 318 Retail 1,647 SF $810,613 USD
  • Unit Size: 1,647 SF
  • Condo Use: Retail
  • Price: $810,613 USD
  • Sale Type: Investment
  • Price/SF: $492.18 USD
Sale Notes
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.

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).

Amenities

  • Security System
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Calgary International 21 min - 9.4 mi
Ramesh Verma 403-903-7879 Real Estate Professionals Inc.
Ramesh Verma 403-903-7879 Real Estate Professionals Inc.