Skip to main content

Government

2222 20 St

2222 20 St, Nanton, AB T0L 1R0

Listing Price: $910,000

Cap Rate
5.94%
Tenant Name
Canada Post
Years Remaining On Lease
4.9
Guarantor
No Guarantee
Rentable SF
2,851
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.95

Investment Overview

The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 2222 20 Street, Nanton, AB (the “Subject Property”). Opportunity for an investor to capitalize on the accelerating trend of e-commerce by acquiring a stable income-producing property secured by essential service, Canada Post Corporation. The Tenant has been operating at this strong performing location for 20 years and continues to benefit from its close proximity to Hwy 533 and Hwy 2.

Investment Highlights

  • Single-tenant NNN lease secured by essential services tenant, Canada Post Corporation.
  • Steady income-producing property with long standing government tenant with a 20-year tenure at this location.
  • Completely carefree lease to the Landlord – the Tenant is responsible for arranging and organizing all maintenance, utility and operational contracts and services.
  • The other closest Canada Posts are located 14 KM and 24.8 KM away, illuminating a steady market catchment for this strong-performing location.

Exclusively Listed By

Listing Price: $910,000

Cap Rate
5.94%
Tenant Name
Canada Post
Years Remaining On Lease
4.9
Guarantor
No Guarantee
Rentable SF
2,851
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.95

Investment Highlights

  • Single-tenant NNN lease secured by essential services tenant, Canada Post Corporation.
  • Steady income-producing property with long standing government tenant with a 20-year tenure at this location.
  • Completely carefree lease to the Landlord – the Tenant is responsible for arranging and organizing all maintenance, utility and operational contracts and services.
  • The other closest Canada Posts are located 14 KM and 24.8 KM away, illuminating a steady market catchment for this strong-performing location.

Investment Overview

The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 2222 20 Street, Nanton, AB (the “Subject Property”). Opportunity for an investor to capitalize on the accelerating trend of e-commerce by acquiring a stable income-producing property secured by essential service, Canada Post Corporation. The Tenant has been operating at this strong performing location for 20 years and continues to benefit from its close proximity to Hwy 533 and Hwy 2.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower