FOR SALE! Airdrie Town Centre. Investment Opportunity
125 Main Street NW Airdrie
This is an excellent opportunity for a savvy investor to acquire the Airdrie Town Centre: a prime investment opportunity within the ‘Downtown Revitalization Plan Area’ making it a very desirable property to own in the short and long term.
This property is located on Main Street with great curb appeal, drive by visibility, on site parking (59 stalls) and a brand-new elevator (2023) servicing the second floor.
This building is 97% occupied with only one vacancy of 900 sq. ft. which the owner is actively marketing for lease. The property is tenanted by quality tenants with 74% of the building leased until March of 2033.
Current Net Rental income is $612,600 + amortization recovery of $47,900 which equals Total Net Revenue of $660,400 for 2024. Total Net Revenue is projected to increase to $673,800 in 2025 and over the next ten years is a projected average of $718,800 per annum.
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Contact our team for more information or to schedule a tour!
Address:
125 Main Street N
Airdrie AB
T4B 0R3
Total Sq. Ft. :
26,543
PURCHASE PRICE:
$10,880,000
TAX:
$20,400
Parking:
60 Stalls
TENANCY:
97% Leased
This Information provided has been obtained from a Reliable Source and is believed to be accurate,
but is not warranted to be so. FOR FURTHER INFORMATION PLEASE CONTACT
BENNETT EDWARDSON @ 403-973-0238
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Office
242 - 62nd Ave S.E.
Calgary AB, T2H 2E6
Office Hours
M-F: 8am - 5pm
S-S: Closed