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Dollarama Net Lease Investment

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  • Okotoks, AB
    Canada
  • Auction #387-1
    Commercial Property
  • Interior Space:
    ± 9,551 SF
  • Lot Size:
    ±27,351 SF
  • Transaction Fee:
    3%
  • Broker
    Co-op:
    1.25%

Commercial Property For Sale in Okotoks, AB

Dollarama Net Lease Investment

N/A, Okotoks, AB T1S 1Z6

RE/MAX Commercial Auctions is pleased to present the rare opportunity to purchase a Dollarama net-leased investment property in Okotoks, AB.

Property Highlights:

  • In-place NOI of $239,000 to March 2024
  • Years 4-9 of lease term - $258,000
  • Currently in a 10 year lease term (lease expiration of March 2029)
  • Tenant Credit Rating: BBB
  • Recession proof, 100% internet resistant tenant
  • Site Size: 0.63 acres
  • Buyer has option to add an additional 5,000 SF
  • Median 2020 HH Income: $150,000

Downloadable Documents

Property Information

Auction Information

User Access Form

Vault

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Broker of Record for this property: RE/MAX R.E. (M/V)

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

Contingencies may be included with your bid

BID DEADLINE:   28 Jul 5:00 pm MDT
Starting Bid: CAD $2,640,000
Previous List Price:CAD $4,500,000
Required bid deposit: CAD $1,000
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Auction Ended
Patrick Kelleher Event Manager The Future of Real Estate (FRE) P: (949) 706-6117 E: pkelleher@fre.com
Paul Ramikie Property Representative RE/MAX Commercial P: (403) 607-7375 E: paulramikie888@gmail.com https://rmc.fre.com
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Commercial Property For Sale in Okotoks, AB
Dollarama Net Lease Investment
N/A
Okotoks, AB T1S 1Z6
Canada
Auction # 387-1

Contingencies may be included with your bid

Bid Deadline:
28 Jul 5:00 pm MDT
Starting Bid
CAD $2,640,000
Previous List Price
CAD $4,500,000
Required bid deposit
CAD $1,000
  • Okotoks, AB
    Canada
  • Property Type:
    Commercial Property
  • Interior Space:
    ± 9,551 SF
  • Lot Size:
    ±27,351 SF
  • Transaction Fee:
    3%
  • Broker Co-op:
    1.25%
Property Description

RE/MAX Commercial Auctions is pleased to present the rare opportunity to purchase a Dollarama net-leased investment property in Okotoks, AB.

Property Highlights:

  • In-place NOI of $239,000 to March 2024
  • Years 4-9 of lease term - $258,000
  • Currently in a 10 year lease term (lease expiration of March 2029)
  • Tenant Credit Rating: BBB
  • Recession proof, 100% internet resistant tenant
  • Site Size: 0.63 acres
  • Buyer has option to add an additional 5,000 SF
  • Median 2020 HH Income: $150,000
Downloadable Documents
User Access Form
Property Viewing

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement
Financing

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Contact Us
Patrick Kelleher Event Manager The Future of Real Estate (FRE) P: (949) 706-6117 E: pkelleher@fre.com
Paul Ramikie Property Representative RE/MAX Commercial P: (403) 607-7375 E: paulramikie888@gmail.com https://rmc.fre.com
Broker of Record for this property: RE/MAX R.E. (M/V)

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.