332 14th St NW 6,200 SF 100% Leased Retail Building Calgary, AB T2N 1Z7 $2,167,675 USD ($349.62 USD/SF) 5.75% Cap Rate

INVESTMENT HIGHLIGHTS

  • Located in a prime location

EXECUTIVE SUMMARY

Great opportunity to own this prime location commercial property in Hillhurst. 14,000 SF C-COR2 lot with a 6,200 SF building. With 2 retail tenants bringing in stable good rental income, this property is a rare find in today's market. One lease ends Aug 31, 2026. The other one ends July 31, 2025. Tenant pays utilities and OP (insurance, property tax...2023 $9.82).

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (USD) ANNUAL PER SF (USD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,200 SF
Building Class
C
Year Built
1971
Price
$2,167,675 USD
Price Per SF
$349.62 USD
Cap Rate
5.75%
NOI
$124,723 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.44
Lot Size
0.32 AC
Parking
25 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
96’ on NW 14 St NW

AMENITIES

  • Bus Line
  • Signage
Walk Score®
Walker's Paradise (96)
Bike Score®
Biker's Paradise (100)

NEARBY MAJOR RETAILERS

Orangetheory Fitness
Royal Bank of Canada
TD Canada Trust
freshii
Original Joe's
Starbucks
Tim Hortons
Scotiabank
F45 Training, Inc.
Jazzercise
  • Listing ID: 29329946

  • Date on Market: 8/22/2023

  • Last Updated:

  • Address: 332 14th St NW, Calgary, AB T2N 1Z7