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71 Riverside Dr, Okotoks, Alberta, T1S 1M3

MLS® # 44460911
Commercial For Sale In Okotoks, Alberta
$12,150,000 QuickQuoteTM: Not Available

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MULTIMEDIA

71 Riverside Dr, Okotoks, Alberta, T1S 1M3
$12,150,000

Property Information:

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:27)

Building Features:

  • Floor Space: 26670 sqft

Property Features:

  • Property Type: Retail
  • Floor Space (approx): 26670 Square Feet
  • Irregular: Yes
  • Lot Size: 20225.51 Square Feet

Courtesy of: NAI Commercial Real Estate Inc

REALTOR.ca  

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Market Price Trends

Single family detached

8.54%

Price change (1 year)

43.26%

Price change (5 years)

All Properties

8.15%

Price change (1 year)

42.75%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 71 Riverside Dr, Okotoks, Alberta, T1S 1M3

Demographic Information of 71 Riverside Dr, Okotoks, Alberta, T1S 1M3

Life Stage

Growing Families

Employment Type

Mixed

Average Household Income

$103,786.03

Average Number of Children

1.82

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.22 %

High school certificate or equivalent

40.1 %

Apprenticeship trade certificate/diploma

11.56 %

College/non-university certificate

18.42 %

University certificate (below bachelor)

0.31 %

University Degree

15.39 %

Commuter

Travel To Work

By Car

88.43 %

By Public Transit

2.72 %

By Walking

8.06 %

By Bicycle

0.0 %

By Other Methods

0.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.73 %

Houses

83.27 %

Own Vs. Rent

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