St. Albert, Alberta, T8N7X6



$1,950,000
St. Albert
This retail property in St. Albert is for sale offering roughly 3,059 sq ft of space.
This commercial Investment Sale opportunity is STANDALONEPAD Site in appx. 6 Acres Retail Plaza (Erin RidgePlaza appx.64,000 square feet) and, located in affluent andrapidly growing community of Erin Ridge North, St. Albert.The unit (910) has around 3059 square feet gross leasablearea, and currently occupied by a stable business. There islong term lease in place and has more than seven (7) yearsleft on the primary lease terms. There is future stepped upincrease towards Net Operating Income as base rents areescalated over the term of lease (Stepped up Base rent).This is an ideal opportunity to generate income investingyour dollars in a safer way in a quality asset with a stableTenant as occupant.Please do not solicit business operator or their employeesdirectly. (id:66096)
Long Listed: 48 days on market, against an average age of 49 days across the listings currently for sale in this city
This retail in St. Albert has been listed for 48 days, which is 1 days fresher than the city average of 49. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
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