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  • 125 Main Street North, Airdrie, AB
  • 125 Main Street North, Airdrie, AB
  • 125 Main Street North, Airdrie, AB
  • 125 Main Street North, Airdrie, AB
  • 125 Main Street North, Airdrie, AB
  • 125 Main Street North, Airdrie, AB
  • 125 Main Street North, Airdrie, AB

26,543 ft²
Retail
$10,880,000
Sale


Bennett Edwardson
Bennett Edwardson
Manchester Properties Inc.

The Space
Asking Price$10,880,000
Available Space26,543 ft²
MLS® IDA2172159
ZoningM3
Year Built1984
Parking Spaces59
SourceCalgary

Wheelchair Access

The Building - TOWN CENTRE

This is an excellent opportunity for a savvy investor to acquire the Airdrie Town Centre: a prime investment opportunity within the ‘Downtown Revitalization Plan Area’ making it a very desirable property to own in the short and long term. This property is located on Main Street with great curb appeal, drive by visibility, on site parking (59 stalls) and a brand-new elevator (2023) servicing the second floor. This building is 97% occupied with only one vacancy of 900 sq. ft. which the owner is actively marketing for lease. The property is tenanted by quality tenants with 74% of the building leased until March of 2033. Current Net Rental income is $612,600 + amortization recovery of $47,900 which equals Total Net Revenue of $660,400 for 2024. Total Net Revenue is projected to increase to $673,800 in 2025 and over the next ten years is a projected average of $718,800 per annum. Click the link below to download the brochure!

Property TypeRetail
Building Size26,543 ft²
MLS® IDA2172159
ZoningM3
Year Built1984
Parking Spaces59

Wheelchair Access

The data included on this listing is deemed to be reliable, but is not guaranteed to be accurate by Pillar 9™


Type
Suite
Price
Size
Space Type
Lease
6
$30.00/sf/yr
900 ft²
Retail
Inquire
Bennett Edwardson
Bennett Edwardson
Manchester Properties Inc.
Contact
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