$1,650,000.00 10,716 Sq.ft

2703/2707 50 Avenue , Lloydminster. S9V 2A8

Description

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.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2095361
City:Lloydminster
Neighbourhood:East Lloydminster City
Province:Saskatchewan
Building/Unit Size: 10,716 sq.ft
Land Size:0.00 Acre
Listing Price:$1,650,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Office
Transaction Type:For Sale
Land Use Code:C2
Listing Contract Date:2023-11-27

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX OF LLOYDMINSTER" listing brokerage.

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