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    Description

    Urban Realty is proud to offer for sale a 100% freeholdinterest in a Mixed use office and retail center located at15 Royal Vista Place NW Calgary AB. The property spans62,000 square feet of Retail, Medical and Office Tenant'sand is 100% leased. Sitting on just under 4.26 Acresthe development features a couple free standing buildingscurrently leased to a national bank and a dental surgeonand a 3-storey mixed use office and retail buildingcontaining neighborhood retail and medical Tenant's.The investment offers investors a secure long-term holdwith opportunities to increase cash flow on renewals andbuild an additional pad site on the property. Most Tenant'shave been at the location for 5+ years and there is verylittle turn over with the Tenant's. The property is beingoffered for sale at $26,000,000.00 which represents acapitalization rate of 6.5% (id:58070)

    Property Features

    • MLS® Number A2221380
    • Price $26,000,000
    • Square Footage: 62796 sqft
    • Property Type: Commercial Mix
    • Community Name: Royal Vista
    • Plan 1012882

    Buildings

    Constructed Date 2013 Size Exterior 62796 Sqft
    Size Interior 62796 Sqft Total Finished Area 62796 Sqft
    Type Commercial Mix

    Land

    Acreage No Size Total Text Unknown
    Zoning Description Dc
    Address
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