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710 2 St 9,611 SF Retail Building Strathmore, AB T1P 1K4 $2,125,913 USD ($221.20 USD/SF) 6.50% Cap Rate
Investment Highlights
- Recently renovated in 2023.
- Positioned on a landscaped one-acre site.
- Modernized and well-maintained.
Executive Summary
An exceptional opportunity awaits with this high-performing, income-generating commercial property featuring a 9,611 sq. ft. fully renovated building situated on 1 acre of beautifully landscaped land. Offering a strong 6.5% CAP rate, this asset is further enhanced by excellent long-term tenants already in place, providing stable and reliable cash flow from day one. With additional land available for future expansion, investors have room to grow and unlock even greater value over time. This turnkey investment combines stability, performance, and upside potential—perfect for any investor seeking a secure quality asset in a desirable location. Contact for full details, financials, and viewing information.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
9,611 SF
Building Class
B
Year Built
1989
Price
$2,125,913 USD
Price Per SF
$221.20 USD
Cap Rate
6.50%
NOI
$138,184 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.08 AC
Zoning
P1 - Public Service District
Parking
25 Spaces (2.6 Spaces per 1,000 SF Leased)
Nearby Major Retailers
1 of 3
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710 2 St
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