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:58126)
| MLS® Number | A2221380 |
| Property Type | Other |
| Community Name | Royal Vista |
| Plan | 1012882 |
| Constructed Date | 2013 |
| Size Exterior | 62796 Sqft |
| Size Interior | 62796 Sqft |
| Total Finished Area | 62796 Sqft |
| Type | Commercial Mix |
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | Dc |
https://www.realtor.ca/real-estate/28314622/15-royal-vista-place-nw-calgary-royal-vista
Contact us for more information
Sunil Mall
Broker of Record
(403) 590-2233
(403) 590-2227
Krishan Mall
Associate
(403) 590-2233
(403) 590-2227
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Charles Real Estate
4915 Elbow Drive SW #205 Calgary,AB
