27,443 ft²Retail$10,880,000Sale
27,443 ft²
Retail
$10,880,000
Sale
Bennett Edwardson
Manchester Properties Inc.
The Space
Asking Price$10,880,000
Available Space27,443 ft²
MLS® IDA2172159
ZoningM3
Year Built1984
Parking Spaces59
SourceCalgary
Wheelchair Access
The Building - TOWN CENTRE
This is an excellent opportunity for a savvy investor to acquire the Airdrie Town Centre: a prime investment opportunity within the ‘Downtown Revitalization Plan Area’ making it a very desirable property to own in the short and long term. This property is located on Main Street with great curb appeal, drive by visibility, on site parking (59 stalls) and a brand-new elevator (2023) servicing the second floor. This building is 100% occupied with only one vacancy of 900 sq. ft. which the owner is actively marketing for lease. The property is tenanted by quality tenants with 74% of the building leased until March of 2033. Current Net Rental income is $622,750 + amortization recovery of $57,800 which equals Total Net Revenue of $680,600 for 2025. Over the next ten years the total net revenue is projected to average $737,900 per annum. Click the link below to download the brochure!
Property TypeRetail
Building Size27,443 ft²
MLS® IDA2172159
ZoningM3
Year Built1984
Parking Spaces59
Wheelchair Access
The data included on this listing is deemed to be reliable, but is not guaranteed to be accurate by Pillar 9™
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