Calgary, AB T3R0N2,4 Royal Vista Way NW
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Calgary, AB T3R0N2,4 Royal Vista Way NW
Calgary, AB T3R0N2,4 Royal Vista Way NW
Calgary, AB T3R0N2,4 Royal Vista Way NW
Calgary, AB T3R0N2,4 Royal Vista Way NW
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$ 21,000,000
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4 Royal Vista Way NW Calgary, AB T3R0N2

38,745 SqFt


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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 38,745 sqft

Price per Sqft $542

Subdivision Royal Vista

MLS® Listing ID A2197071

Originating Board Calgary Real Estate Board

Year Built 2019

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%. (id:24570)

Location

Province AB

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Acceptable Financing Monthly

Listing Terms Monthly


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Listed by URBAN-REALTY.ca
agent

Chelsea Mann

Advisor | License ID: 2196

+1(250) 852-0977

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4 Royal Vista Way NW