JN REAL ESTATE GROUP

NONE

FOR SALE

$1,600,000

PURCHASE PRICE

1006 / 1008 11 Avenue , High River · T1V 1P2

OFFICE · BUILT 1998

MLS A2343935 · 0 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

AMAZING INVESTMENT OPPORTUNITY! This well-designed 4,897 sq. ft. commercial building, as well as, a fully occupied 4 Plex located next to the daycare. The commercial building is home to an established daycare with a long-term tenant and a lease in place for approximately 3 more years. The property is leased on a triple-net basis, providing the owner with an attractive and predictable income stream while minimizing landlord operating expenses. The building is ideally configured for daycare operations and features a welcoming lobby, multiple offices, 2 kitchens, 7 dedicated play areas, 9 two-piece bathrooms, laundry room and 2 large outdoor play areas. The functional layout and extensive improvements make this an excellent facility for the existing tenant and provide strong appeal for future daycare use. The current lease provides a competitive cap rate, making this an excellent opportunity for an investor seeking stable commercial income with an established tenant. This property is being offered for sale in conjunction with the adjacent 4 Plex property. Both properties are separately titled and must be purchased together as a package. Please see additional linc as supplied. 4 Plex, TURN-KEY INVESTMENT OPPORTUNITY IN HIGH RIVER! This solid 4-plex offers an excellent opportunity for investors looking for a fully rented, income-producing property with long-term tenants. Each spacious one-bedroom unit features its own in-suite laundry, additional storage, a 4-piece bathroom, large living area and a spacious, functional kitchen. All four units are currently rented, generating a total monthly rental income of $4,950.00. A great addition to any investment portfolio with four self-contained units and dependable rental income. Call today to view this great investment opportunity and start building your portfolio!

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Office
YEAR BUILT
1998

LOT & EXTERIOR

LOT SIZE (SQFT)
18,961
LOT SIZE (ACRES)
0.44

COMMUNITY

COMMUNITY
NONE
ZONING
TND
POSTAL CODE
T1V 1P2

UTILITIES & COSTS

ANNUAL TAXES
$13,047

LISTING COURTESY OF DARREN METCALFE · CENTURY 21 FOOTHILLS REAL ESTATE

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.