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Dollarama Net Lease Investment
Retail Property For Sale in Okotoks, AB
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
This Auction Plus® auction has concluded and escrow is closed.
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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