Share This Listing

Message

958 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

3650 Sage Hill Dr NW
Calgary, AB T3R 1J1
Retail Property For Sale

Investment Highlights

  • Located in a high-growth suburban area with strong demographics and family-oriented communities.
  • Positioned on an 18.21-acre site within a dynamic retail and residential corridor.
  • Excellent visibility and access near Sage Hill transit hub and major roadways.

Executive Summary

This fully leased plaza presents an attractive investment opportunity with a 10-year triple net lease (NNN) term. In a triple net lease, the tenant is responsible for property expenses, including insurance, maintenance, and property taxes, in addition to the rent. The cap rate indicates the annual return on investment based on the property's net operating income. With the security of long-term tenants and minimal landlord responsibilities, this property could offer steady income and potentially appreciate over time, making it a compelling addition to any real estate portfolio.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
5,700 SF
Building Class
B
Year Built
2024
Price
$4,100,000 CAD
Price Per SF
$719.30 CAD
Cap Rate
5.56%
NOI
$228,000 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
18.21 AC
Zoning
DC - RETAIL

Amenities

  • Bus Line
  • Security System
  • Signage
  • Recessed Lighting
  • Air Conditioning
  • Smoke Detector
  • Listing ID: 34190021

  • Date on Market: 2024-12-13

  • Last Updated:

  • Address: 3650 Sage Hill Dr NW, Calgary, AB T3R 1J1

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}