Courtesy of Stephanie Richter, Exp Realty
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(780)-803 - 0193Listing Description
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.
Key Details
| MLS® Number: | 44931927 |
|---|---|
| Property Type: | Retail |
| Year Built: | 1949 |
| Bedrooms: | 0 |
| Bathrooms: | |
| Fireplace: | No |
