Property Description
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:53430)
Building
- Year Built:
- 1949
Finished Areas
- Interior Size (Total):
- 6400 square feet
Lot / Land
- Lot Size:
- 9104.04 square feet
Fees & Dates
- Last Modified:
- 08/06/2026 06:25:04 PM
- Status Change:
- 08/06/2026 06:18:58 PM
Location
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