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, reliable 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.
Address
4820 49 Ave
List Price
$849,000
Property Type
Commercial Sale
Type of Dwelling
Commercial-sale
Transaction Type
Sale
Area
Redwater
MLS® Number
44408285
Listing Brokerage
REMAX River City
Postal Code
T0A 3A3