$10,950,000
40 Riverside Way, 71 Riverside Drive
Okotoks, AB
About this property
Willow Shopping Centre is a 26,670 SF, two-building strata retail investment featuring prominent exposure along Northridge Drive in Okotoks, Alberta. The centre is fully leased to a diversified mix of service-oriented and daily-needs tenants, generating $814,680 in stabilized NOI with a 5.12-year weighted average lease term (“WALT”) and $29.27 PSF weighted average net rent (“WANR”). Situated within an established, high-income residential trade area, the property benefits from surrounding schools, mature residential density and $871M in consumer spending within a 3 km radius. (id:66946)
Listing courtesy of NAI Commercial Real Estate Inc. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.