Property overview
Commercial opportunity in Sylvan Lake
Single-tenant triple net investment property on Highway 20 in Sylvan Lake. Purpose-built commercial building on 1.04 acres, CH Highway Commercial zoning, constructed 2005. Two storeys with mezzanine. Open-span construction with high clear ceiling heights and no interior columns through the principal floor area. Owned surface parking with direct highway exposure and access.Currently leased to Landmark Cinemas of Canada Inc. on a triple net basis at $135,000 per annum, with the tenant responsible for all operating costs and property taxes. Lease expires January 9, 2030. Located in one of Alberta's fastest-growing communities. Building configuration supports a range of alternative uses including recreation, entertainment, food and beverage, medical, childcare, and assembly occupancies. (id:66954)
Property details
- Property Type
- Commercial
- Property Sub Type
- Retail
- Transaction Type
- For Sale
- Listing Status
- Active
- List Price
- $1,999,000
- Building Type
- Retail
- Total Building Area
- 12,282 sq. ft.
- Year Built
- 2005
- Zoning
- CH
Community
Beju Industrial Park (Sylvan Lake)
Information is provided for general reference and is subject to confirmation. Live listing data is supplied through REALTOR.ca DDF®.