Lot 3 Block 89 Plan 65S25451
5,400 sq. ft. office building leased to two long term tenants with triple net rent, 7% capitalization rate.
Building has a 600 sq. ft. mezzanine.
Property is 270’x148’, town has advised that the back portion could be subdivided for another building with their approval.
Property is located on highway 7 that goes to Saskatoon and Calgary. Prime highway location, near McDonalds, Tim Hortons, with new Best Western Motel and Montanas located behind building.
Building has had several renovations done in the past few years. Extra commercial land a bonus.
Property is under full management, so is excellent for an out of town owner.
Owner is retiring