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Listed by Paul A Somersall • MaxWell Polaris
$4,800,000
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 45456055
Property Description
Exceptional Newly Built Commercial Investment Opportunity in Lacombe, AlbertaAn outstanding opportunity to acquire Lot 2 at Midway Centre, a newly developed commercial investment property strategically positioned in Lacombes growing commercial and residential corridor. Offered at $4,800,000, this unique commercial opportunity, situated on approximately 2 acres, provides a diversified tenant profile, established income, and significant long-term potential as the surrounding Midway development continues to expand.The property features two modern commercial buildings with excellent visibility, ample on-site parking and convenient access to Henderson Way and the surrounding transportation network.INVESTMENT HIGHLIGHTS-Asking Price: $4,800,000-Approximately 10,000 sq. ft. of commercial space fully leased -Newer construction with limited immediate capital expenditure requirements-Diversified tenant mix-Current annual base rental income of approximately $250,145-Approximately $79,840 in operating-cost recoveries
Location
State AB
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