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402 2 Av S 17,295 SF 100% Leased Retail Building Lethbridge, AB T1J 0C3 $1,576,022 USD ($91.13 USD/SF) 5.99% Cap Rate



INVESTMENT HIGHLIGHTS
- The subject property is located on the corner of 4th Street South and 2nd Avenue South.
- The property offers great views of downtown.
- The location is easy to access from Scenic Drive and is part of the downtown core.
EXECUTIVE SUMMARY
Quality investment opportunity - mixed used landmark property located downtown
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
17,295 SF
Building Class
C
Year Built
1977
Price
$1,576,022 USD
Price Per SF
$91.13 USD
Cap Rate
5.99%
NOI
$94,454 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.89
Lot Size
0.45 AC
Zoning
DC - Downtown Commercial
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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402 2 Av S
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