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1111 7 St SW

3,509 SF Retail Building Calgary, AB T2R 1A1 £927,368 (£264/SF)

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Investment Highlights

Electrical upgrade
Ample foot traffic

New hot water tank

Executive Summary

A fantastic opportunity awaits in the bustling Beltline area, at 11th Ave and 7th St SW. The lease is valid until January 31, 2027, with a monthly rent of $6,000 on a triple net basis, and includes four parking stalls. Extensive interior renovations costing $120,000 were carried out in 2018, followed by an interior redesign in 2020, and an electrical upgrade and new hot water tank installation in 2019 costing $50,000. This property is an ideal addition to your real estate portfolio, boasting a history of stable and dependable tenants, including a highly-rated restaurant that has consistently met its rent obligations. The buyer must assume the tenant.