AB > Calgary > Royal Vista
Calgary, AB T3R0N2,4 Royal Vista WAY Northwest
Calgary, AB T3R0N2,4 Royal Vista WAY Northwest
Calgary, AB T3R0N2,4 Royal Vista WAY Northwest
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Sam Pond

Sam Pond

+1(403) 889-0913
$21,000,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Royal Vista

MLS® Listing ID A2197071

Year Built 2019

Property Sub-Type Retail

Property Description

Urban Realty is proud to offer for Sale a 100% freehold interest in a retail shopping center located at 4 Royal Vista Way NW Calgary Alberta. Royal Vista is 38,745 square feet of neighborhood retail located in the growing community of Royal Vista in the northwest quadrant of Calgary. Royal Vista plaza is 100% leased with a diverse mix of retail tenants, sitting on 4.32 acres and is comprised of gas station with convenience store, three multi-tenant buildings, and a single tenant freestanding building. The investment offers investors a secure long term hold with strong tenants in place that have periodic rent increases to create more cash flow. Most of the remaining leases have 5+ years and all incentives and inducements have been provided by the current Landlord. Royal Vista is being offered for sale at $21,000,000 which represents a capitalization rate of 6.5%.

Location

Province AB

County Calgary

Area Cal Zone Nw

Zoning DC

Building

Dwelling Type Retail

Others

Restrictions None Known

Tax ID 95142389

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Listed by URBAN-REALTY.ca
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"Interested in this home? Or similar properties to this one? Reach out, let's talk about the next step."

+1(403) 889-0913

sam@sampond.ca

Calgary, AB, CAN

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