Property for Sale
Property For Sale In Leduc County
- MLS®#: 44340581
- Price: $2,400,000
- Year Built: 1980
Prime investment opportunity located approximately 30 minutes from Edmonton. This well-maintained 5-lot commercial strip mall is situated on the town's main road, offering excellent exposure and convenient access.The property is fully leased with no vacancy and features four established tenants under long-term triple net lease agreements. Tenants include a grocery and liquor store, Subway, a Chinese restaurant, and a pub, providing a stable and diversified income stream.The asset offers an attractive cap rate, with potential for further upside as two lease renewals are scheduled within this year and next year, which may enhance overall returns. The site also provides ample on-site parking for customers and staff.A rare opportunity to acquire a stable, income-producing commercial property with future growth potential. Subject to municipal approvals, there may be the possibility of adding a second floor to further increase rental income.An excellent opportunity for investors seeking a solid, long-term incom
Contact Caitlin Heine About MLS® 44340581
Caitlin Heine, 1.587.400.SOLD (7653) at Elisse Moreno (REALTORS® with RE/MAX Real Estate), Suite 200, 10835 – 124th Street NW, Edmonton, Alberta, T5M 0H4
property information
- MLS®#: 44340581
- Year Built: 1980
Community Information
- City: Leduc County
- Postal Code: T0C 0V0
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