FOR SALE $1,200,000.00
MLS® 575971 | OFFICES
Listing Agent: William Larocque
Building Style: | Unknown |
Lot Frontage: | 148 Feet |
Lot Size: | 0.92 | 0.9200 Square Feet |
Property Features:
Parking Type: | Other |
Real Estate Type: | Office |
REMARKS
Triple “”A”” Location between Calgary & Saskatoon, 5400 sq ft + 600 sq ft Mezzanine plus pole sign all on .92 Acres with potential to expand. All remodelled offices, long term tenant of 7+ years. New lease signed with Federal Financial Institution. Radio station chain leases the rest Triple Net Leases. . $520,000 spent over the last several years, $400,000 spent last year remodelling with split $320,000 tenant and $80,000 landlord. Location near Walmart, Macdonalds, Tim Hortons Etc. Best Western Plus being built directly behind subject property. Amenities include, Airport, Golf Club, Hospital, Service clubs. Town main industries, Oil, gas, ranching, grain farming etc. This property is under full management so perfect for an absentee owner. Price for Asset Sale $1,200,000. 6.8 Cap rate.