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2248 50 St
Rocky Rapids, AB T0E 1Z0
 Horizon Travel Centre · Retail Property For Sale

Retail Spaces Alberta 2248 50 St, Rocky Rapids, AB T0E 1Z0

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INVESTMENT HIGHLIGHTS

  • Excellent access and exposure to the main arterial road
  • Long term leases in place with strong covenants
  • Opportunity to bring new tenants to the site and increase yield

EXECUTIVE SUMMARY

Horizon Travel Centre is a newly constructed retail centre anchored by Mr. Mike’s, Ace Liquor, and Lube City. The Property is 100% occupied and has 10,886 square feet of net leasable area situated on 3.64 acres of land. There are two serviced and immediately developable pad sites that are 32,615 SF and 39,181 SF in size.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
10,886 SF
Building Class
B
Year Built
2017
Price
$3,582,932 USD
Price Per SF
$329.13 USD
Cap Rate
7.33%
NOI
$262,629 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.64 AC
Zoning
C- GEN - Commercial, General District
Parking
48 Spaces (4.41 Spaces per 1,000 SF Leased)
Frontage
129’ on 50 Street
 

  • Listing ID: 34233886

  • Date on Market: 12/18/2024

  • Last Updated:

  • Address: 2248 50 St, Rocky Rapids, AB T0E 1Z0

The Retail Property at 2248 50 St, Rocky Rapids, AB T0E 1Z0 is currently available for Sale. Contact Avison Young for more information.

NEARBY LISTINGS

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2248 50 St, Rocky Rapids, AB for sale Site Plan- Image 1 of 2
Site Plan

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