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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% -
Broker1.25%
Co-op:
Commercial Property For Sale in Okotoks, AB
Visit FRE.com/387-1Q9
Dollarama Net Lease Investment
N/A, Okotoks, AB T1S 1Z6RE/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 Sign In to Access
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 AgreementFinancing
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
How to Buy
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1Set up a free user accountFree registration with no obligation. Your account provides access to additional information and documents, as well as email updates.
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2Search & SelectThe Future of Real Estate features real estate from the USA and international. Utilize our advanced search criteria to narrow down your selection.
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3Review InformationAccess property information to make better-informed decisions. Available information varies depending on each real estate asset type.
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4Submit Deposit (if required)Prior to placing a bid, you may need to submit a deposit. Deposits can be submitted using credit card, wire transfer or check.
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5Place Online BidPlace bids on your selected asset prior to the deadline. Specifics vary for each asset.
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6Winner is DeclaredBuyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
ADD PROPERTY TO FAVORITES
Okotoks, AB T1S 1Z6
Canada
Contingencies may be included with your bid
-
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%
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
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.