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100% Leased NNN Investment - Grocery-Anchored Crowsnest Mall
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Auction #
481-1 -
Interior Space:
± 46,938 SF -
Lot Size:
±7.79 acres -
Transaction Fee:
3% -
Broker1.25%
Co-op:
100% Leased NNN Investment - Grocery-Anchored Crowsnest Mall
Retail Property For Sale in Blairmore, AB
11001 20 Ave, Blairmore, AB T0K 0E0FRE Auctions, Paul Ramikie CCIM & Blackstone CRE Services are pleased to present this Online Auction Plus® Event (allows for conditions) for the renowned Crowsnest Mall in beautiful Blairmore, Alberta.
Investment/Property Highlights:
- High Income-Producing Asset: 9.7% CAP RATE at starting bid
- Passive Investment Opportunity: all 9 units are on NNN leases
- Anchored by IGA (Sobeys) Grocery Store
- Robust and Diverse Tenant Mix: includes notable tenants such as IGA, Bank of Nova Scotia, Red Apple, a medical clinic, and a pharmacy *see document section for tenant profiles*
- Limited Area Competition: the property enjoys a competitive advantage in the area
- Heavy Day Time Traffic
- Less than 600 m from HWY 3
- Multifamily Development Opportunity: ±2.5 acres of excess land included in sale *see document section*
- Seller has improved the roof
- ±46,940 sf ($126/sf) on ±7.79 acres
- Built in 1976; Renovated in 1999
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: Paul Ramikie CCIM, Blackstone CRE Services
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.
We have reached our bid deadline and the seller is reviewing the bids received. It’s not too late to submit your bid. Please immediately contact the Event Manager listed below if you wish to place a bid or would like additional information.
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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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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
Conditions may be included with your offer
Blairmore, AB T0K 0E0
Canada
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Blairmore, AB
Canada -
Property Type: Commercial Property
-
Interior Space: ± 46,938 SF
-
Lot Size: ±7.79 acres
-
Transaction Fee: 3%
-
Broker Co-op: 1.25%
FRE Auctions, Paul Ramikie CCIM & Blackstone CRE Services are pleased to present this Online Auction Plus® Event (allows for conditions) for the renowned Crowsnest Mall in beautiful Blairmore, Alberta.
Investment/Property Highlights:
- High Income-Producing Asset: 9.7% CAP RATE at starting bid
- Passive Investment Opportunity: all 9 units are on NNN leases
- Anchored by IGA (Sobeys) Grocery Store
- Robust and Diverse Tenant Mix: includes notable tenants such as IGA, Bank of Nova Scotia, Red Apple, a medical clinic, and a pharmacy *see document section for tenant profiles*
- Limited Area Competition: the property enjoys a competitive advantage in the area
- Heavy Day Time Traffic
- Less than 600 m from HWY 3
- Multifamily Development Opportunity: ±2.5 acres of excess land included in sale *see document section*
- Seller has improved the roof
- ±46,940 sf ($126/sf) on ±7.79 acres
- Built in 1976; Renovated in 1999
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: Paul Ramikie CCIM, Blackstone CRE Services
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.