4204 4 St NW 6,231 SF Retail Building Calgary, AB T2K 1A2 $4,500,000 CAD ($722.20 CAD/SF) 6.54% Cap Rate

The Property is improved with a freestanding commercial building that is 100% occupied by the VCA Calgary North Animal Hospital. Located within Northwest Calgary’s established Highland Park commercial and residential node, the 13,286 square foot building is situated on 0.51 acres and includes 29 surface parking stalls. The Hospital services Calgary’s North Central and Northeast districts, with convenient access to major routes including McKnight Boulevard and the Trans-Canada Highway.
The tenant, VCA Canada Ltd., is one of the largest corporately owned networks of veterinary clinics and hospitals in the country, encompassing over 150 locations across six provinces. VCA Calgary North Animal Hospital is one of only five clinics in the Calgary area offering primary care, specialty services, and 24-hour emergency treatment. The recently renewed lease is on a “triple-net” basis to the Landlord, with the Tenant responsible for all property expenses, repairs, and upgrades (including those of a capital nature).
The VCA Animal Hospital Building represents an excellent opportunity for an investor to secure an attractive commercial asset with stable, long-term, escalating income from a high-quality tenant.