587-982-8884 RE/MAX Elite

Property for Sale

Courtesy of Ravi Thakur of RE/MAX Excellence

Property For Sale In St. Albert

Property for Sale, MLS® # 45633739

This commercial Investment Sale opportunity is STANDALONEPAD Site in appx. 6 Acres Retail Plaza (Erin RidgePlaza appx.64,000 square feet) and, located in affluent andrapidly growing community of Erin Ridge North, St. Albert.The unit (910) has around 3059 square feet gross leasablearea, and currently occupied by a stable business. There islong term lease in place and has more than seven (7) yearsleft on the primary lease terms. There is future stepped upincrease towards Net Operating Income as base rents areescalated over the term of lease (Stepped up Base rent).This is an ideal opportunity to generate income investingyour dollars in a safer way in a quality asset with a stableTenant as occupant.Please do not solicit business operator or their employeesdirectly.

Contact Kevin Quintal About MLS® 45633739

Required Field

Kevin Quintal, 587-982-8884 at RE/MAX Elite, 8104 - 160 Avenue, Edmonton, Alberta, T5Z-3J8

property information

  • MLS®#: 45633739
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Community Information

  • City: St. Albert
  • Postal Code: T8N 7X6
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$1,950,000

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