240, 318 Nolanridge Crescent NW, Calgary   ||   $999,000

DETAILS

MLS® NUMBER A2156910
BUILDING TYPE Retail
PROPERTY CLASS Commercial
YEAR BUILT 2019
BASEMENT None
GARAGE No
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)
Listing Brokerage: Royal LePage METRO

MAP

Listing data is deemed reliable but is not guaranteed accurate by CREB®. Last updated: today at 3:00 a.m.

© 2024 CENTURY 21 Real Estate Foothills. CENTURY 21® is a registered trademark licensed to Century 21 Real Estate LLC. Equal Housing Opportunity. Each office is independently owned and operated.

Find Real Estate Foothills on Facebook Find Real Estate Foothills on Twitter