ActiveFor Sale

40 Riverside Way
Okotoks, Alberta, T1S1M3

Retail
CREA
MLS® Number: 44460911
$10,950,000List Price
RetailProperty Type
26,670 sq ftSize
For SaleListing Type
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Description

Willow Shopping Centre is a 26,670 SF, two-building strata retail investment featuring prominent exposure along Northridge Drive in Okotoks, Alberta. The centre is fully leased to a diversified mix of service-oriented and daily-needs tenants, generating $814,680 in stabilized NOI with a 5.12-year weighted average lease term (“WALT”) and $29.27 PSF weighted average net rent (“WANR”). Situated within an established, high-income residential trade area, the property benefits from surrounding schools, mature residential density and $871M in consumer spending within a 3 km radius. (id:66360)

Features

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Amenities

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Summary

List Price:$10,950,000
MLS® Number:44460911
CREA Listing Key:29433447
Type:Retail
Size:26,670 sq ft
Listing Brokerage:NAI Commercial Real Estate Inc

Rooms

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Details

Property

Property Type:Retail
Municipality:Okotoks

Building

Size:26,670 sq ft

Land

Lot Size:20225.5108 square feet

$10,950,000

List price