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For Sale
$849,000
MLS® 44931927
4820 49 St
Redwater, Alberta, T0A2W0
- Interior
- 6,400 sqft
- Property type
- Retail
- Building
- Retail
- Year built
- 1949
- Lot size
- 9104.04 square feet
Property facts
- Interior
- 6,400 sqft
- Property type
- Retail
- Building
- Retail
- Transaction
- For Sale
- Year built
- 1949
- Lot size
- 9104.04 square feet
About this property
Incredible turnkey investment opportunity to acquire Kicks Saloon in Redwater with an in-place tenant on a true NNN lease and step-up rent structure, delivering a strong 7.8%cap rate. This asset offers an immediate income stream with minimal landlord responsibilities. Located in a growing community benefiting from Alberta’s oil and industrial economy tailwinds, the property features a long operating history and proven tenant performance. A solid, hands-off investment with built-in rent growth and stable cash flow in a high-demand regional market. (id:53361)