$ 1,800,000
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$1,800,000
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About the Listing E024822 - E011874
Prime Commercial Investment OpportunityThis exceptional 5-year-old commercial building offers a rare combination of modern construction and a high-visibility, prime location with ample parking. The property is currently 100% occupied by the three original tenants, all of whom have secured their long-term commitment by signing five-year lease extensions through 2031.The investment provides immediate and growing returns. Currently generating $89,946.00 in annual revenue, the income is scheduled to increase to $92,691.00 starting in November 2026. Efficiency is maximized through a structure where all utilities, maintenance, and property taxes are managed as operational costs and paid directly by the tenants. At a list price of $1.8 million (plus applicable GST), this represents a stabilized cap rate of approximately 4.99%. This is an ideal acquisition for an investor seeking a turnkey, low-maintenance asset in a premium corridor with established tenancy and consistent revenue growth. Custom built by Atlas Pr
Listing Highlights
Status
Active
Days on Site
0
Property Type
Commercial Sale
MLS ®
44802240
Year Built
2021
Total Square Footage
0
Lot/Acreage
N/A
County
Sturgeon
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
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Exterior Details
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Financial Details
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- Taxes w/Assessments: N/A
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Payment Calculator
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10701 100 Ave Morinville, AB T8R 1A2
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