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2703/2707 50 Avenue
Lloydminster Saskatchewan S9V2A8 Canada

$1,650,000

Active Listing ID A2095361
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10,716 square feet
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Office

$1,650,000

Active Listing ID A2095361
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2703/2707 50 Avenue For sale in Lloydminster, Alberta, is a prime commercial property that represents an outstanding investment opportunity. This property features two separate buildings, both of which are fully leased to strong, reliable tenants: H&R Block and a busy medical centre with an in-house pharmacy. Constructed in 2008, these modern buildings have been meticulously maintained and are in excellent condition. The long-term leases in place with these established tenants provide a stable and predictable income stream. An attractive feature of this investment is its cap rate, which stands at just over 8.12%, underscoring the property's profitability. This commercial real estate offering in Lloydminster is a lucrative option for investors seeking a robust and stable entry into the market or a great addition to a portfolio. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Office
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 3/14/2024 2:19:40 PM GMT
Source Updated Date: 5/13/2024 11:23:53 PM GMT

Courtesy of: WadeGraham, Salesperson, RE/MAX OF LLOYDMINSTER

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