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:47423)
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Detailed Information
Total Area
10,716 ft2
Listing Contract Date
2023-11-27
Municipal ID
0202934831
Plan
102150751
Property Type
Office
Transaction Type
For sale
Zoning Description
C2
Building
Constructed Date
2008
Construction Material
Wood frame
Size (Exterior)
10716 square feet
Total Finished Area
10716 sqft
Type
Offices
Land
Total Size
Unknown
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