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318 Nolanridge Cres NW 1,647 SF 100% Leased Retail Building Calgary, AB T3R 1W9 $1,150,000 CAD ($698.24 CAD/SF) 5.65% Cap Rate
Investment Highlights
- Stabilized NNN retail investment—fully leased liquor store unit generating $64,986/year.
- 2019 construction—modern retail format.
- Asking $1,150,000 | ~5.65% implied cap rate | ~$698/SF (based on stated income and 1,647 SF).
- ~7 years term remaining—supports predictable cash flow and reduced rollover risk.
- Nolan Hill (NW Calgary) location—growing residential trade area.
Executive Summary
Single-tenant retail condo investment for sale in Nolan Hill, NW Calgary. The 1,647 SF unit is fully leased to a liquor store operator under a Triple Net (NNN) lease generating $64,986 annually, with approximately 7 years remaining on the term. Built in 2019, the property is offered as a turnkey, stabilized leased-fee investment at an asking price of $1,150,000, equating to an implied cap rate of ~5.65% and ~$698/SF. Listing notes exclusive liquor store use and instruct no tenant contact.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,647 SF
Year Built
2019
Price
$1,150,000 CAD
Price Per SF
$698.24 CAD
Cap Rate
5.65%
NOI
$64,975 CAD
Percent Leased
100%
Building Height
1 Story
Zoning
D-C - Direct - Control
Amenities
- Security System
- Air Conditioning
- Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 2
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318 Nolanridge Cres NW
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