STEPHEN SELINGER
(403) 330-3172
CLEARVIEW PROPERTY MANAGEMENT LTD.
403-330-3172
2424 Mayor Magrath Drive S
Lethbridge , Alberta T1K6Z3
Lethbridge , Alberta T1K6Z3
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2424 Mayor Magrath Drive S For Sale
$3,180,000
Secure a premium retail asset on Mayor Magrath Drive with exposure to 29,000+ vehicles/day. This fully leased 4,835 sq. ft. plaza sits on a 0.62-acre site with excellent access, visibility, and ample parking.
Anchored by nationally recognized tenants including TELUS (Tom Harris Cellular), OPA! of Greece, and CoCo Fresh Tea & Juice—delivering stable, diversified income with proven operators.
Located in a dominant retail node surrounded by Safeway, Canadian Tire, and major QSR brands, this property offers strong in-place cash flow with clear upside through future rent growth in an expanding South Lethbridge market.
Additional value-add potential with the ability to add another bay on the property (subject to City of Lethbridge approval).
Ideal for investors seeking a low-vacancy, high-visibility asset with long-term appreciation and development upside. Contact your Realtor for a showing!
Transaction Type
For Sale
For Sale
Title
Fee Simple
Fee Simple
Days On Market
1
1
Zoning
C-H
C-H
Subdivision
Fairmont
Fairmont
Building Type
Retail
Retail
Year Built
2001
2001
Structure Type
Retail
Retail
Property Type
Commercial
Commercial
Property Sub Type
Retail
Retail
Legal Plan
9610505
9610505
Building Area (Sq. Ft.)
4835.00
4835.00
Building Area (Sq. M.)
449.18
449.18
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
None
None