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Fully Leased 19,635 sq.ft. retail/office multi tenant strip mall available. Property is located in the central business district in the Town of Two Hills. Fully leased to a diverse tenant mix including a grocery store, ATB Financial, government nonprofit, accounting firm and a local restaurant. Current NOI $152,678 equates to a 8.6% cap rate at list price. Concrete block structure with various improvements over the past 5 years. (id:27476)
There is a fully leased retail/office multi-tenant strip mall available for sale, covering a total area of 19,635 square feet. The property is situated in the central business district of the Town of Two Hills and is currently occupied by a diverse mix of tenants, including a grocery store, ATB Financial, government nonprofit, accounting firm, and a local restaurant. The current Net Operating Income (NOI) stands at $152,678, resulting in an 8.6% capitalization rate based on the list price. The building is constructed using concrete block and has undergone various improvements within the last 5 years.
This property, with a land size of 43,124.4 square feet, is located at 5002 5010 50 AV in the city of Two Hills, Alberta. The postal code for this property is T0B4K0.
