INVESTMENT OPPORTUNITY | SOLD
SOLD
Corner of Highway 38 & Ochre Park Road, Redwater, Alberta
Investment Opportunity
- LEGAL DESCRIPTION Block - B, Plan 7721573
- LAND USE Commercial
- ZONING CL (Local Commercial District)
- LOT SIZE 0.5 acre
- BUILDING SIZE 2,273 sf
- YEAR OF CONSTRUCTION 2025
- TENANT Dairy Queen
- NET RENT Years 1 - 5: $118,196 Years 6 -10: $122,742 Years 11- 15: $125,015
- OPTIONS 3 x 5 year terms
- CAP RATE 5%
- ASKING PRICE $2,350,000
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