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House
·
for sale
$ 999,000
$ 75/sq.ft
326 High Street W, Moose Jaw, SK, S6H 1S9 commercial for sal.
Sun Valley
· 13,250 sq.ft · House
Sun Valley · 13,250 sq.ft · House
Investor alert! Excellent opportunity to acquire a stable income-producing commercial property on busy High Street in downtown Moose Jaw, located very close to the Moose Jaw Event Centre and Main Street. This property features three established long-term tenants, all operating under triple net leases, which keeps the landlord’s ongoing expenses limited primarily to structural and major mechanical items. The property is currently producing a cap rate of 7.38%, with a future cap rate of 8.74%, offering both strong in-place income and upside potential. Existing sales appear to be below market, creating a solid long-term opportunity for an investor looking for dependable cash flow with room for future growth. The building is equipped with rooftop HVAC and also includes a 1,640 sq. ft. Quonset that can be used by the owner for storage or potentially leased out to generate additional saleal revenue. A clean Phase I ESA was completed in 2019, adding further confidence for purchasers reviewing
Investor alert! Excellent opportunity to acquire a stable income-producing commercial property on busy High Street in downtown Moose Jaw, located very close to the Moose Jaw Event Centre and Main Street. This property features three established long-term tenants, all operating under triple net leases, which keeps the landlord’s ongoing expenses limited primarily to structural and major mechanical items. The property is currently producing a cap rate of 7.38%, with a future cap rate of 8.74%, offering both strong in-place income and upside potential. Existing sales appear to be below market, creating a solid long-term opportunity for an investor looking for dependable cash flow with room for future growth. The building is equipped with rooftop HVAC and also includes a 1,640 sq. ft. Quonset that can be used by the owner for storage or potentially leased out to generate additional saleal revenue. A clean Phase I ESA was completed in 2019, adding further confidence for purchasers reviewing
$ 999,000