Discover an outstanding investment opportunity in the vibrant neighborhood of Nolan Hill. This prime retail commercial bay at #240, 318 Nolanridge Crescent NW, encompasses 1,570 square feet and currently hosts two successful franchise businesses. Situated in the heart of Nolan Hill, a secure and lucrative investment with a solid 6% cap rate. The area is rapidly growing community—this property offers exceptional accessibility via Sarcee Trail and serves as the primary entrance to the new Glacier Ridge community, spanning over 980 acres. With its strategic location and established tenant base, this commercial bay presents a compelling prospect for investors seeking a reliable and profitable addition to their portfolio in a dynamic, expanding market. In addition to its prime location and solid tenant history, the property’s modern infrastructure and design provide long-term value and adaptability for future business needs. Investors will appreciate the strong potential for capital appreciation as the surrounding area continues to develop, making this property not only a stable income-generating asset but also a promising investment for future growth. Don't miss this out (Please note that businesses are not for sale its property only with the long term leases)
Address
240, 318 Nolanridge Crescent NW
List Price
$999,000
Property Type
Commercial
Type of Dwelling
Retail
Area
Calgary N
Sub-Area
Nolan Hill
Year Built
2019
MLS® Number
A2156910
Listing Brokerage
Royal LePage METRO
Postal Code
T3R 1W9
Zoning
I-C