$2,850,000.00 10,094 Sq.ft

617 1 ST SW, High River. T1V 1A2

Description

Excellent investment property in downtown High River with graduating lease in place from $19.00 sq.ft. to $25.00 sq.ft. triple net over five years with an option. Recently renewed Long term tenants in place with cap rate now at 7.5% with upside to year five. Well cared for, low maintenance, on-site parking and property management service available locally to non-resident investors.

Listing Information

Prop. Type:Commercial
Status:
MLS #:C4221490
City:High River
Neighbourhood:Old Rodeo Grounds
Province:Alberta
Building/Unit Size: 10,094 sq.ft
Lot Size:282 sq.ft
Land Size:0.00 Acre
Listing Price:$2,850,000.00
Listing Price Arce:$0 per Acre
Lease Rate:$0.00 per sq.ft
Business Type:
Property Type:Commercial
Property Subtype:Office
Transaction Type:For Sale
Land Use Code:CBD
Listing Contract Date:2019-01-07

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "CENTURY 21 FOOTHILLS REAL ESTATE" listing brokerage.

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