40 Riverside Way, 71 Riverside Drive, Okotoks, AB T1S1M3
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The Home Team LPT Realty
$ 10,950,000
Est. payment | /mo

26,670 SqFt


Save
$ 10,950,000
Est. payment | /mo
Save

26,670 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 26670

Square Footage 26,670 sqft

Price per Sqft $410

MLS® Listing ID 44460911

Lot Size 0.464 Acres

Acres 20225.512

Property Description

Willow Shopping Centre is a 26,670 SF, two-building strata retail investment featuring prominent exposure along Northridge Drive in Okotoks, Alberta. The centre is fully leased to a diversified mix of service-oriented and daily-needs tenants, generating $814,680 in stabilized NOI with a 5.12-year weighted average lease term (“WALT”) and $29.27 PSF weighted average net rent (“WANR”). Situated within an established, high-income residential trade area, the property benefits from surrounding schools, mature residential density and $871M in consumer spending within a 3 km radius. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

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Listed by NAI Commercial Real Estate Inc

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The Home Team LPT Realty
The Home Team LPT Realty

Agent

+1(403) 891-8017 | info@findnewlistings.com

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40 Riverside Way, 71 Riverside Drive