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7220 Fairmount Dr SE 9,804 SF 90% Leased Retail Building Calgary, AB T2H 0X7 $2,800,000 CAD ($285.60 CAD/SF) 5.28% Cap Rate
INVESTMENT HIGHLIGHTS
- Easy access to Glenmore Trail, Macleod Trail, Blackfoot Trail & Heritage Drive.
- Thriving Trade Area – Servicing Fairview, Acadia, Manchester Industrial, Kingsland & more.
- Ample Free Surface Parking.
EXECUTIVE SUMMARY
7220 Fairmount Dr SE is a fully leased retail/office strip centre. Located in Fairview with excellent visibility and access to Glenmore, Macleod, Blackfoot & Heritage drives. Features 20+ free surface parking stalls and a strong trade area covering Fairview, Acadia, Kingsland & more. Currently offered at $2,800,000 — ideal for investors seeking stable, well-positioned commercial income.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,804 SF
Building Class
B
Year Built
1972
Price
$2,800,000 CAD
Price Per SF
$285.60 CAD
Cap Rate
5.28%
NOI
$147,707 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.54
Lot Size
0.42 AC
Zoning
C-N2 - Commercial Neighborhood 2 District
Parking
20 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
211’ on Fairmount Dr
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Accent Lighting
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
1,357 square foot retail space available within 30 days. Unit B was previously used as a cannabis retail store.
| Space | Size | Space Use | Position | Available |
| Unit B | 1,357 SF | Retail | In-Line | Now |
Unit B
| Size |
| 1,357 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Unit B
| Size | 1,357 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
1,357 square foot retail space available within 30 days. Unit B was previously used as a cannabis retail store.
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
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7220 Fairmount Dr SE
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