Excellent investment property in downtown High River, with a graduating lease in place from $19.00 per sq/ft to $25.00 per sq/ft triple net over five years with an option. Recently renewed long term tenants in place, cap rate now at 7.5% with upside to year 5. Well cared for, low maintenance, on-site parking and property management service available locally to non-resident investors.
CREB® Data Ownership and Disclaimer Statement Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The listing data displayed is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Listing information last updated on August 4th, 2020 at 9:15am CDT.