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For Sale
$10,950,000
MLS® 44460911
40 Riverside Way, 71 Riverside Drive
Okotoks, Alberta, T1S1M3
- Interior
- 26,670 sqft
- Property type
- Retail
- Building
- Retail
- Lot size
- 20225.5108 square feet
Property facts
- Interior
- 26,670 sqft
- Property type
- Retail
- Building
- Retail
- Transaction
- For Sale
- Lot size
- 20225.5108 square feet
About this property
Willow Shopping Centre is a 26,670 SF, two-building strata retail investment featuring prominent exposure along Northridge Drive in Okotoks, Alberta. The centre is fully leased to a diversified mix of service-oriented and daily-needs tenants, generating $814,680 in stabilized NOI with a 5.12-year weighted average lease term (“WALT”) and $29.27 PSF weighted average net rent (“WANR”). Situated within an established, high-income residential trade area, the property benefits from surrounding schools, mature residential density and $871M in consumer spending within a 3 km radius. (id:53361)