Joshua Torrence
(403) 601-5159
Century 21 Foothills Real Estate
403-652-2121
104 3 Avenue SE
High River , Alberta T1V 1G3
High River , Alberta T1V 1G3
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104 3 Avenue SE For Sale
$1,795,000
Welcome to Heritage Village!! A fully leased multi-tenant retail investment opportunity, located downtown High River! This property offers investors cash flow with significant upside potential. The property features a strong mix of food, retail, beauty, and service-oriented tenants, anchored by a long-term Pizza 73 lease extending through 2036. The building is approximately 10,000sqft, generates stable income and has below market rental rates, that provide for future growth. Allowing investors to further enhance NOI and long-term value. This is an excellent opportunity for dependable income in a growing Southern Alberta/High River market, that has a strong community and limited retail inventory. Investment highlights include - Fully leased retail strip, diversified tenant mix, long-term Pizza 73 anchor lease, stable annual NOI, below-market in-place rents with upside potential, strong exposure in downtown High River, attractive investment for passive income and long-term appreciation. This building is ideal for, hold-and-grow portfolios, passive income buyers or anyone looking to become a commercial real estate investor in the province of Alberta. Confidential lease and financial information available upon request - NDA required. Please do not approach or interrupt the tenants and their day to day operations.
Transaction Type
For Sale
For Sale
Zoning
CBD
CBD
Subdivision
NONE
NONE
Year Built
1980
1980
Structure Type
Retail
Retail
Property Type
Commercial
Commercial
Property Sub Type
Retail
Retail
Legal Plan
5743J
5743J
Building Area (Sq. Ft.)
10357.00
10357.00
Building Area (Sq. M.)
962.19
962.19
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
Environmental Phase 1,Leases,Title
Environmental Phase 1,Leases,Title