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318-4 Nolanridge Cres NW 1,647 SF Retail Condo Unit Offered at $811,683 in Calgary, AB T3R 1J4
Investment Highlights
- Stabilized NNN retail investment—fully leased liquor store unit generating $64,986/year.
- 2019 construction—modern retail format.
- Asking $1,150,000 | ~5.65% implied cap rate | ~$698/SF (based on stated income and 1,647 SF).
- ~7 years term remaining—supports predictable cash flow and reduced rollover risk.
- Nolan Hill (NW Calgary) location—growing residential trade area.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.65% |
| Sale Type | Investment |
| Cap Rate | 5.65% |
Sale Notes
Single-tenant retail condo investment for sale in Nolan Hill, NW Calgary. The 1,647 SF unit is fully leased to a liquor store operator under a Triple Net (NNN) lease generating $64,986 annually, with approximately 7 years remaining on the term. Built in 2019, the property is offered as a turnkey, stabilized leased-fee investment at an asking price of $1,150,000, equating to an implied cap rate of ~5.65% and ~$698/SF. Listing notes exclusive liquor store use and instruct no tenant contact.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 318 | 1,647 SF | Retail | $811,683 USD ($492.82 USD/SF) | $45,860.06 USD |
Unit 318
| Unit Size |
| 1,647 SF |
| Condo Use |
| Retail |
| Price |
| $811,683 USD ($492.82 USD/SF) |
| NOI |
| $45,860.06 USD |
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Unit 318
| Unit Size | 1,647 SF |
| Condo Use | Retail |
| Price | $811,683 USD ($492.82 USD/SF) |
| NOI | $45,860.06 USD |
| Sale Type | Investment |
| Cap Rate | 5.65% |
| Sale Notes | |
| Single-tenant retail condo investment for sale in Nolan Hill, NW Calgary. The 1,647 SF unit is fully leased to a liquor store operator under a Triple Net (NNN) lease generating $64,986 annually, with approximately 7 years remaining on the term. Built in 2019, the property is offered as a turnkey, stabilized leased-fee investment at an asking price of $1,150,000, equating to an implied cap rate of ~5.65% and ~$698/SF. Listing notes exclusive liquor store use and instruct no tenant contact.</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 | 8,549 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 4,400 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2023 |
| Building Class | C | Lot Size | 2.68 AC |
| Total Building Size | 8,549 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 4,400 SF |
| Year Built | 2023 |
| Lot Size | 2.68 AC |
Amenities
- Security System
- Air Conditioning
- Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100
Nearby Major Retailers
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318-4 Nolanridge Cres NW
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