4 Royal Vista Way Nw, Calgary, Alberta T3R 0N2 (27950364)

4 Royal Vista Way Nw Calgary, Alberta T3R 0N2

38,745 ft2

$21,000,000

Urban Realty is proud to offer for Sale a 100% freehold interest in a retail shopping center located at 4 Royal Vista Way NW Calgary Alberta. Royal Vista is 38,745 square feet of neighborhood retail located in the growing community of Royal Vista in the northwest quadrant of Calgary. Royal Vista plaza is 100% leased with a diverse mix of retail tenants, sitting on 4.32 acres and is comprised of gas station with convenience store, three multi-tenant buildings, and a single tenant freestanding building. The investment offers investors a secure long term hold with strong tenants in place that have periodic rent increases to create more cash flow. Most of the remaining leases have 5+ years and all incentives and inducements have been provided by the current Landlord. Royal Vista is being offered for sale at $21,000,000 which represents a capitalization rate of 6.5%. (id:36938)

Property Details

MLS® Number A2197071
Property Type Retail
Neigbourhood Royal Vista
Community Name Royal Vista
Plan 1410966

Building

Constructed Date 2019
Size Exterior 38745 Sqft
Size Interior 38,745 Ft2
Total Finished Area 38745 Sqft
Type Retail

Land

Acreage No
Size Total Text Unknown
Zoning Description Dc

https://www.realtor.ca/real-estate/27950364/4-royal-vista-way-nw-calgary-royal-vista

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