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2022-2032 33rd Ave SW
Calgary, AB T2T 1Z4
Richter Plaza · Retail Property For Sale
Investment Highlights
- Two-storey walk-up building with a rentable lower level premises
- Prominent signage in place for all tenants
- Benefits from the high traffic of Marda Loop which continues to attract residents, and businesses to the area
- Dedicated surface parking lot with alley access allowing for easy flow through traffic
- Surrounded by a dense variety of retail, dining, and service amenities
- All suites are improved
Executive Summary
A rare opportunity to acquire a cornerstone asset in the heart of Marda Loop, one of Calgary's most vibrant walkable commercial corridors. With frontage on 33rd Avenue SW, the property offers exceptional exposure and convenient access, with parking on-site and prominent signage opportunities. Richter Plaza offers strong in-place incomes, being 99% leased over three floors, and a strong tenant mix across main floor retail and second floor office spaces. For additional details regarding the property, including the rent roll, financials, current leases, and operating details, please sign and return the non-disclosure agreement in the documents section.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,863 SF
Building Class
C
Year Built
1980
Price
$3,758,312 USD
Price Per SF
$271.10 USD
Cap Rate
6.55%
NOI
$246,117 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.85
Lot Size
0.37 AC
Zoning
Mixed Use - Mixed Use
Parking
32 Spaces (3.4 Spaces per 1,000 SF Leased)
Frontage
106’ on 33 Ave SW
Amenities
- Bus Line
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
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