Scott Russell
(403) 874-2381
MaxWell Canyon Creek
403-278-8899
240, 500 Royal Oak Drive NW
Calgary , Alberta T3G 5J7
Calgary , Alberta T3G 5J7
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240, 500 Royal Oak Drive NW For Sale
$2,450,500
An outstanding opportunity to acquire units 9 and/or 10 in a fully leased retail plaza at 500 Royal Oak Drive NW, a prominent and high-traffic location in northwest Calgary. Strategically situated on a corner lot with excellent exposure and convenient access, this modern retail centre benefits from strong visibility in one of Calgary’s most established suburban trade areas. Unit 9 has a long term tenant in place and Unit 10 is vacant.
The property hosts a diverse mix of stable, long-standing tenants across health, service, and lifestyle sectors, offering investors consistent income and zero vacancy. Constructed in 2014, the building features quality construction, ample surface parking, and attractive curb appeal—positioning it for longterm value and low-maintenance ownership.
Zoned C-COR2, the site is surrounded by a blend of residential communities, major retail anchors, and key transit routes, ensuring continued foot traffic, tenant demand, and potential future redevelopment upside.
A rare chance to secure a turn-key investment with strong cash flow, excellent tenant covenant, and a presence in one of northwest Calgary’s most active retail nodes.
Transaction Type
For Sale
For Sale
Days On Market
1
1
Zoning
C-N2
C-N2
Subdivision
Royal Oak
Royal Oak
Building Type
Retail
Retail
Year Built
2014
2014
Structure Type
Low Rise (2-4 stories)
Low Rise (2-4 stories)
Property Type
Commercial
Commercial
Property Sub Type
Retail
Retail
Legal Plan
1413146
1413146
Building Area (Sq. Ft.)
4626.00
4626.00
Building Area (Sq. M.)
429.77
429.77
Inclusions
N/A
N/A
Restrictions
Call Lister,Lease Restriction
Call Lister,Lease Restriction
Reports
Call Lister
Call Lister