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710 2 St 9,611 SF Retail Building Strathmore, AB T1P 1K4 $2,900,000 CAD ($301.74 CAD/SF) 6.50% Cap Rate
EXECUTIVE SUMMARY
An excellent opportunity to own a high-performing income-generating commercial property with strong, long-term tenancy and room to grow.
9,611 sq. ft. renovated commercial building
Situated on 1 acre of beautifully landscaped land
Strong 6.5% CAP RATE
Additional land available for future expansion
Great tenants with a long-term lease already in place
This is a solid, turnkey investment offering reliable cash flow and long-term stability. Ideal for any investor looking to secure a quality asset in a desirable location.
?? Contact for full details, financials, and viewing information.
9,611 sq. ft. renovated commercial building
Situated on 1 acre of beautifully landscaped land
Strong 6.5% CAP RATE
Additional land available for future expansion
Great tenants with a long-term lease already in place
This is a solid, turnkey investment offering reliable cash flow and long-term stability. Ideal for any investor looking to secure a quality asset in a desirable location.
?? Contact for full details, financials, and viewing information.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
9,611 SF
Building Class
B
Year Built
1989
Price
$2,900,000 CAD
Price Per SF
$301.74 CAD
Cap Rate
6.50%
NOI
$188,500 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.08 AC
Zoning
P1 - Public Service District
Parking
25 Spaces (2.6 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
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710 2 St
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