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$ 10,950,000
Est. payment /mo
Price Dropped by $1.2M
71 Riverside Dr Okotoks, AB T1S1M3
26,670 SqFt
UPDATED:
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
Listed by NAI Commercial Real Estate Inc