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Listed by Brent Haas • RE/MAX Revolution Realty
$ 375,000
Est. payment | /mo
6,157 SqFt
$ 375,000
Est. payment | /mo
6,157 SqFt
Key Details
Property Type Commercial
Sub Type Other (See Member Only Remarks)
Listing Status Active
Purchase Type For Sale
Square Footage 6,157 sqft
Price per Sqft $60
MLS Listing ID SK049797
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Other (See Member Only Remarks)
Source Saskatchewan
Property Description
High-Yield Commercial Investment Opportunity | 9.85% Cap Rate , Red Apple Stores (Tenant) this stable commercial asset offers a combination of strong immediate returns and low-management oversight. Priced competitively at $375,000.00, this property delivers a robust, reliable cash flow from day one.Investment Highlights: A Net Operating Income (NOI) of $36,942.00 per year. Features 6,157 SQ FT of fully leased, establishing a secure corporate presence. The tenant is contractually responsible for 100% of property taxes, utilities, common area maintenance (CAM) including snow and landscaping, and routine HVAC servicing.The building is a steel structure that has been rem=novated in 2025 to accommodate the tenant's increased business. Protected Capital Structure.Whether you are looking to expand your existing commercial footprint or secure a high-yield, hands-off passive stream of income, this asset stands out in today's market.Unlock the Full Investment PackageTenant details, lease terms, and full underwriting documentation are strictly confidential. For deeper insight into this high-performing asset and to review the complete investment portfolio summary, contact your agent for more details.
Location
Province SK
Interior
Heating Air Conditioning, Roof Top H/Vac
Exterior
Amenities Available Alarm System Owned, Anchor Tenants, End Space, Heavy Floor Loading, Store Front
Others
Ownership Freehold
Schools and Properties Nearby
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