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Urban-High Street

4636 59 Street

4636 59 Street, Stettler, AB T0C 2L1

Listing Price: $1,950,000

Cap Rate
7.00%
Gross SF
7,114
Rentable SF
7,114
Price/Gross SF
$274.11
Lot Size
1.03 acres
Year Built
1991

Investment Overview

4636 59 Street, Stettler, AB (the "Subject Property”), represents an opportunity for an investor to acquire a stable income producing investment property leased by two tenants operating under well-known national banners, Smitty’s. and Subway. The Subject Property is at the prominent intersection of 47th Ave and 57th Street and benefits from being centrally located between Calgary and Edmonton.

Investment Highlights

  • Freestanding commercial building comprised of 7,114 SF of leasable area situated on a 44,866 SF lot with ample surface parking.
  • Leased on a NNN and carefree basis to successful franchisees, operating under well-known national banners, Smitty's and Subway.
  • The tenants are operating on completely NNN leases, providing the landlord with a stable and consistent revenue stream.
  • Strong performing location along Stettler's major commercial road, with proximity to other essential retailers such as Shoppers Drug Mart, KFC and Dairy Queen Grill & Chill.

Exclusively Listed By

Urban-High Street

4636 59 Street

Listing Price: $1,950,000

Cap Rate
7.00%
Gross SF
7,114
Rentable SF
7,114
Price/Gross SF
$274.11
Lot Size
1.03 acres
Year Built
1991

Investment Highlights

  • Freestanding commercial building comprised of 7,114 SF of leasable area situated on a 44,866 SF lot with ample surface parking.
  • Leased on a NNN and carefree basis to successful franchisees, operating under well-known national banners, Smitty's and Subway.
  • The tenants are operating on completely NNN leases, providing the landlord with a stable and consistent revenue stream.
  • Strong performing location along Stettler's major commercial road, with proximity to other essential retailers such as Shoppers Drug Mart, KFC and Dairy Queen Grill & Chill.

Investment Overview

4636 59 Street, Stettler, AB (the "Subject Property”), represents an opportunity for an investor to acquire a stable income producing investment property leased by two tenants operating under well-known national banners, Smitty’s. and Subway. The Subject Property is at the prominent intersection of 47th Ave and 57th Street and benefits from being centrally located between Calgary and Edmonton.

Exclusively Listed By

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