$849,000
4820 49 St
Redwater, AB
About this property
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 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. (id:66946)
Listing courtesy of Exp Realty. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.