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Listed by Stephanie Richter Exp Realty
$849,000
Est. payment /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Year Built 1949
MLS® Listing ID 44931927
Property 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.
Location
Province AB
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