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%.
Address
4 Royal Vista Way NW
List Price
$21,000,000
Property Type
Commercial
Type of Dwelling
Retail
Area
Calgary NW
Sub-Area
Royal Vista
Year Built
2019
MLS® Number
A2197071
Listing Brokerage
URBAN-REALTY.ca
Postal Code
T3R0N2
Zoning
DC