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Investment Highlights

  • Long-term triple net lease extends through March 31, 2035.
  • Tenant has operated in Calgary since 2016.
  • Two main-floor commercial condominium units offered together.
  • Occupied by an established international franchise tenant.
  • Convenient access to Deerfoot Trail, Stoney Trail, and Glenmore Trail.
  • Provides annual net operating income of $72,000.

Executive Summary

The property consists of two commercial condominium units identified as Units 101 and 103 at 11420 27 Street SE in Calgary, Alberta. The combined area is reported as 3,400 square feet and is zoned I-B. The units are leased to a franchise tenant under a lease term running from April 1, 2025, through March 31, 2035. Reported annual net operating income is $72,000. Condo fees are listed at $1,516.43 per month for Unit 101 and $1,541.29 per month for Unit 103 for 2026. The property is located in the Douglasdale area with access to Deerfoot Trail, Stoney Trail, and Glenmore Trail.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 101&103
  • 3,400 SF
  • Industrial
  • $883,246 USD ($259.78 USD/SF)
  • $51,913.22 USD
Sale Type Investment
Cap Rate 5.88%
Sale Conditions Condo Conversion
Description
Suite renovated in 2015 with nine offices, boardroom, open concept, attractive front reception area
Sale Notes
The offering consists of two main-floor commercial condominium units located at 11420 27 Street SE in Calgary's Douglas dale area. The property is fully occupied by an established international franchise tenant operating under a long-term triple net lease, providing investors with contractual income through March 31, 2035. The lease structure transfers many operating expenses to the tenant, supporting predictable cash flow and reducing landlord management responsibilities. Positioned in southeast Calgary, the property benefits from access to Deerfoot Trail, Stoney Trail, and Glenmore Trail, three of the region's primary transportation corridors. This connectivity supports convenient access throughout Calgary and enhances accessibility for customers, employees, and service providers. The surrounding commercial environment and established development pattern contribute to the property's functionality as a long-term leased investment. The asset presents an opportunity for investors seeking stable income backed by an established occupier with a demonstrated operating history in Calgary dating back to 2016. The combination of long-term tenancy, contractual lease income, and a location within an established southeast Calgary commercial area creates an investment profile focused on income continuity and tenant stability.
Unit Unit Size Condo Use Price NOI
Unit 101&103 3,400 SF Industrial $883,246 USD ($259.78 USD/SF) $51,913.22 USD

Unit 101&103

Unit Size
3,400 SF
Condo Use
Industrial
Price
$883,246 USD ($259.78 USD/SF)
NOI
$51,913.22 USD

Unit 101&103

Unit Size 3,400 SF
Condo Use Industrial
Price $883,246 USD ($259.78 USD/SF)
NOI $51,913.22 USD
Sale Type Investment
Cap Rate 5.88%
Sale Conditions Condo Conversion
Description
Suite renovated in 2015 with nine offices, boardroom, open concept, attractive front reception area</li></ul>
Sale Notes
The offering consists of two main-floor commercial condominium units located at 11420 27 Street SE in Calgary&#39;s Douglas dale area. The property is fully occupied by an established international franchise tenant operating under a long-term triple net lease, providing investors with contractual income through March 31, 2035. The lease structure transfers many operating expenses to the tenant, supporting predictable cash flow and reducing landlord management responsibilities. Positioned in southeast Calgary, the property benefits from access to Deerfoot Trail, Stoney Trail, and Glenmore Trail, three of the region&#39;s primary transportation corridors. This connectivity supports convenient access throughout Calgary and enhances accessibility for customers, employees, and service providers. The surrounding commercial environment and established development pattern contribute to the property&#39;s functionality as a long-term leased investment. The asset presents an opportunity for investors seeking stable income backed by an established occupier with a demonstrated operating history in Calgary dating back to 2016. The combination of long-term tenancy, contractual lease income, and a location within an established southeast Calgary commercial area creates an investment profile focused on income continuity and tenant stability.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 101,571 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 3
Typical Floor Size 33,857 SF
Year Built 2008
Lot Size 2.01 AC
Zoning I-B - Industrial Business

Amenities

  • Atrium
  • Bus Line
  • Controlled Access
  • Signage
  • Central Heating
  • Natural Light
  • Recessed Lighting
  • Monument Signage
  • Air Conditioning
  • Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
  • Listing ID: 41777614

  • Date on Market: 8/17/2026

  • Last Updated:

  • Address: 11420 27th St SE, Calgary, AB T2Z 3R6

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