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1308 2A St W 17,589 SF 100% Leased Retail Building Brooks, AB T1R 0V5 $3,210,000 CAD ($182.50 CAD/SF) 7.01% Cap Rate
INVESTMENT HIGHLIGHTS
- Major intersection Centre Avenue and 2A Street W
- Brick and Concreate construction building
- Lots of near by amenities like shops and restaurants
EXECUTIVE SUMMARY
Brooks Plaza is ideally located on 2A St. which runs parallel to 2nd St. the major artery coming off the TranCanada Highway. This building has been been well maintained by the long term owner who has looked after all of the operating systems and the building structure. This property always attracts great tenants and the owner has had tremendous success with many long term tenants. Over the last 20 years the level of occupancy in this plaza has been exceptional.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
17,589 SF
Building Class
C
Year Built
1979
Price
$3,210,000 CAD
Price Per SF
$182.50 CAD
Cap Rate
7.01%
NOI
$225,035 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.54 AC
Parking
75 Spaces (4.26 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
1 of 2
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1308 2A St W
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