3.23 ACRetail$8,300,000Sale
3.23 AC
Retail
$8,300,000
Sale
Armaan Sohi
Marcus & Millichap
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MULTI-TENANT RETAIL & OFFICE INVESTMENT | $8,300,000 | 8.00% CAP RATE
The Space
Asking Price$8,300,000
Available Space3.23 AC
Floor1
Property UseRetail
SourceDirect
The Building - Dollarama and Aaron's
Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire 104 13 Street North, Lethbridge, Alberta (the "Subject Property"). The Subject Property comprises 57,474 SF of multi-tenant retail and office space across two buildings on a 3.23-acre site, anchored by Dollarama L.P., and strategically positioned directly adjacent to Centre Village Mall at the intersection of Highway 3 and 13 Street North. The Subject Property provides investors with strong in-place income at an attractive 8.00% going-in cap rate, with upside via rental rate growth.
Property TypeRetail
Floors1
Building Size57,474 ft²
Lot Size3.23 AC
Up to $500K for Alberta businesses
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