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318-1 Nolanridge Cres NW 1,570 SF Retail Condo Unit Offered at $719,248 in Calgary, AB T3R 1J4
INVESTMENT HIGHLIGHTS
- Strategic location
- Situated in the heart of Nolan Hill
- Modern Infrastructure
EXECUTIVE SUMMARY
The area is rapidly growing community—this property offers exceptional accessibility via Sarcee Trail and serves as the primary entrance to the new Glacier Ridge community, spanning over 980 acres.
PROPERTY FACTS
| Total Building Size | 8,063 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 6,400 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2023 |
| Building Class | B | Lot Size | 2.64 AC |
| Zoning | I-C - Industrial - Commercial District (I-C) | ||
| Total Building Size | 8,063 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 6,400 SF |
| Year Built | 2023 |
| Lot Size | 2.64 AC |
| Zoning | I-C - Industrial - Commercial District (I-C) |
1 UNIT AVAILABLE
Unit 240
| Unit Size | 1,570 SF | Sale Type | Investment |
| Price | $719,248 USD | Cap Rate | 6.00% |
| Price Per SF | $458.12 USD | NOI | $43,154.90 USD |
| Condo Use | Retail |
| Unit Size | 1,570 SF |
| Price | $719,248 USD |
| Price Per SF | $458.12 USD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| NOI | $43,154.90 USD |
DESCRIPTION
This prime retail commercial bay at #240, 318 Nolanridge Crescent NW, encompasses 1,570 square feet and currently hosts two successful franchise businesses. Situated in the heart of Nolan Hill, a secure and lucrative investment with a solid 6% cap rate.
SALE NOTES
Discover an outstanding investment opportunity in the vibrant neighborhood of Nolan Hill. This prime retail commercial bay at #240, 318 Nolanridge Crescent NW, encompasses 1,570 square feet and currently hosts two successful franchise businesses. Situated in the heart of Nolan Hill, a secure and lucrative investment with a solid 6% cap rate. The area is rapidly growing community—this property offers exceptional accessibility via Sarcee Trail and serves as the primary entrance to the new Glacier Ridge community, spanning over 980 acres. With its strategic location and established tenant base, this commercial bay presents a compelling prospect for investors seeking a reliable and profitable addition to their portfolio in a dynamic, expanding market. In addition to its prime location and solid tenant history, the property’s modern infrastructure and design provide long-term value and adaptability for future business needs. Investors will appreciate the strong potential for capital appreciation as the surrounding area continues to develop, making this property not only a stable income-generating asset but also a promising investment for future growth. Don't miss this out (Please note that businesses are not for sale its property only with the long term leases)
NEARBY MAJOR RETAILERS
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318-1 Nolanridge Cres NW
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