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11420 27th St SE 3,400 SF Industrial Condo Unit Offered at $883,246 in Calgary, AB T2Z 3R6



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
| Sale Type | Investment | Sale Conditions | Condo Conversion |
| Cap Rate | 5.88% |
| 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 |
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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'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.</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 | Floors | 3 |
| Property Type | Office (Condo) | Typical Floor Size | 33,857 SF |
| Property Subtype | Medical | Year Built | 2008 |
| Building Class | B | Lot Size | 2.01 AC |
| Zoning | I-B - Industrial Business | ||
| 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
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11420 27th St SE
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