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Shopping Strip

104 13 Street N, Lethbridge, AB

104 13 St N, Lethbridge, AB T1H 2R4

Listing Price: $8,000,000

Cap Rate
7.53%
Gross SF
57,474
Rentable SF
57,474
Price/Gross SF
$139.19
Lot Size
3.23 acres
Year Built
2006

Investment Overview

Marcus & Millichap REIS Canada Inc. is pleased to present for acquisition a 100% freehold interest in a Portfolio comprised of three properties, 1201 2A Avenue N, 104 13 Street N, and 225 28 Street N, Lethbridge, Alberta (collectively, the “Portfolio” or the “Properties”; individually the “Subject Property”), located in Lethbridge Alberta. The Portfolio provides an investor the unique opportunity to acquire three stable income producing properties, all within a close proximity to one another providing operational efficiencies and synergies.

Located within the heart of Lethbridge, each of the Subject Properties is exceptionally located with convenient access to many major amenities, educational institutions, and major transportation routes. The Portfolio is comprised of 105,332 square feet of retail, industrial, and limited office space, with a combined site size of 7.12 acres.

Investment Highlights

  • The Subject Property is comprised of two buildings: a two-storey 47,099 SF retail and office building and an additional standalone 11,534 SF retail building with dock, priced below replacement cost
  • Strong mix of both daily-needs retail including corporate tenants Dollarama and Aaron's, and office/professional services
  • Positioned along the busy intersection of Highway 3 and 13th Street

Exclusively Listed By

Shopping Strip

104 13 Street N, Lethbridge, AB

Listing Price: $8,000,000

Cap Rate
7.53%
Gross SF
57,474
Rentable SF
57,474
Price/Gross SF
$139.19
Lot Size
3.23 acres
Year Built
2006

Investment Highlights

  • The Subject Property is comprised of two buildings: a two-storey 47,099 SF retail and office building and an additional standalone 11,534 SF retail building with dock, priced below replacement cost
  • Strong mix of both daily-needs retail including corporate tenants Dollarama and Aaron's, and office/professional services
  • Positioned along the busy intersection of Highway 3 and 13th Street

Investment Overview

Marcus & Millichap REIS Canada Inc. is pleased to present for acquisition a 100% freehold interest in a Portfolio comprised of three properties, 1201 2A Avenue N, 104 13 Street N, and 225 28 Street N, Lethbridge, Alberta (collectively, the “Portfolio” or the “Properties”; individually the “Subject Property”), located in Lethbridge Alberta. The Portfolio provides an investor the unique opportunity to acquire three stable income producing properties, all within a close proximity to one another providing operational efficiencies and synergies. Located within the heart of Lethbridge, each of the Subject Properties is exceptionally located with convenient access to many major amenities, educational institutions, and major transportation routes. The Portfolio is comprised of 105,332 square feet of retail, industrial, and limited office space, with a combined site size of 7.12 acres.

Exclusively Listed By

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