2424 Fairway Plaza Rd S 4,832 SF 100% Leased Retail Building Lethbridge, AB T1K 6Z3 $2,702,606 USD ($559.31 USD/SF)
INVESTMENT HIGHLIGHTS
- Located in a well-established area that is home to approximately 32% of Lethbridge’s population
- The plaza benefits from high visibility and traffic volumes exceeding 29,400 vehicles per day on Mayor Magrath Drive
- Fairway Plaza is in close proximity to major retailers such as McDonald’s, Canadian Tire, Safeway, Ricky’s All Day Grill, Booster Juice
EXECUTIVE SUMMARY
Well established retail space with prime highway frontage in a plaza shadow-anchored by Safeway. Situated in South Lethbridge’s Fairmont Park neighborhood, a sought after and affluent residential area. Highway Commercial (C-H) zoning. Located in a vibrant retail plaza alongside long-standing businesses such McDonald’s, Burger King, Ricky’s Restaurant, Taco Time, Quiznos, Mary Brown’s Chicken, Legends Pub & Grill, and a Comfort Inn, creating a strong draw for consumer traffic
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,832 SF
Building Class
C
Year Built
1999
Price
$2,702,606 USD
Price Per SF
$559.31 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.46 AC
Zoning
C-H - Highway Commerical
Frontage
101’ on Fairway Plaza Road South
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
