Vacant-User
101 Centre Street N, Sundre, AB
101 Centre St N, Sundre, AB T0M 1X0
Listing Price: $870,000
Investment Overview
We are pleased to present the opportunity to acquire 101 Centre Street North, Sundre, Alberta. The Subject Property is a 6,539 SF freestanding NNN investment situated on a corner parcel at the intersection of Highway 27 (Cowboy Trail) and Centre Street North, Sundre's primary commercial corridor, with direct access from both streets. The property is 100% occupied by Red Apple Stores ULC, one of the area's dominant general merchandise retailers, on a long-term NNN lease with a scheduled
rent step, offering stable, passive income in the heart of Sundre's commercial core.
Investment Highlights
- 100% leased to Red Apple Stores ULC, a national value oriented retailer operating 140+ locations across Canada, with a proven track record in secondary and tertiary markets.
- Leased to Red Apple Stores ULC on a long-term NNN lease with minimal landlord responsibilities and term in place until January 31, 2032.
- Prime corner at Centre St N & Hwy 27 (Cowboy Trail) along Sundre's main commercial corridor, offering strong visibility and steady year-round traffic from locals and highway commuters.
- 6,539 SF freestanding building on a well-configured site with ample surface parking and efficient access.
Exclusively Listed By
Listing Price: $870,000
Investment Highlights
- 100% leased to Red Apple Stores ULC, a national value oriented retailer operating 140+ locations across Canada, with a proven track record in secondary and tertiary markets.
- Leased to Red Apple Stores ULC on a long-term NNN lease with minimal landlord responsibilities and term in place until January 31, 2032.
- Prime corner at Centre St N & Hwy 27 (Cowboy Trail) along Sundre's main commercial corridor, offering strong visibility and steady year-round traffic from locals and highway commuters.
- 6,539 SF freestanding building on a well-configured site with ample surface parking and efficient access.
Investment Overview
We are pleased to present the opportunity to acquire 101 Centre Street North, Sundre, Alberta. The Subject Property is a 6,539 SF freestanding NNN investment situated on a corner parcel at the intersection of Highway 27 (Cowboy Trail) and Centre Street North, Sundre's primary commercial corridor, with direct access from both streets. The property is 100% occupied by Red Apple Stores ULC, one of the area's dominant general merchandise retailers, on a long-term NNN lease with a scheduled rent step, offering stable, passive income in the heart of Sundre's commercial core.
Exclusively Listed By