Exceptional Homes...Exceptional Service Bamber Fine Homes
Barb Bamber

Foothills Industrial Park South (Calgary, Alberta, CA - T2C 1V5)
MLS® $5,000,000




"Two lots in Foothills"
 

Century 21 Bamber Realty Ltd.


Barb Bamber
 
Barb Bamber
Email Barb
 
Phone: (403)245-0773
 
Details

Type: Commercial Style: Commercial Size: 23,772 sq. ft. Lot Type: Rectangular Lot Size:  2.698 acres  400ft x 295ft "Two lots" Year Built: 1975 Taxes: $38,187.00 (2007)
 
Description

Two lots in foothills, one with building that is leased, plans in place to build second building on vacant lot. Exisiting tenant may lease new building to be built. at a cost of $2,300,000. Cap rate with new building 5.82%, cap rate in 4 years with renewal of existing lease 7.4%. Prime location in the heart of foothills, great long term hold. solid existing building with major tenant in place. They have just spent over $400,000 in renovations. This listing is for 2 lots. Listing information courtesy of RGV Realty Group.
 
Brokered and Advertised by:   Commercial.AlbertaForSale.com P2#1857694
 

Information is deemed to be correct but not guaranteed.