5601 31 Street , Lloydminster, AB T9V2H3
Lloydminster, AB T9V2H3
Description
For Sale: Prime Investment Opportunity - 5-Bay Mini Mall in Lloydminster, Alberta. This meticulously maintained 5-bay mini mall offers an exceptional investment opportunity in a prime location within Lloydminster, Alberta. With a reliable lineup of long-term tenants and an attractive cap rate, this property is ideally suited for investors seeking a stable income-generating asset. Key Highlights: Long-Term Tenants: The mini mall has a robust tenant base, ensuring steady cash flow with low vacancy risk. These long-standing tenants are established businesses that bring consistent foot traffic and serve the needs of the local community. Strategic Location: Positioned across from local schools and within close proximity to Bud Miller Park, shopping centers, a hockey rink, and other popular amenities, the mall benefits from a high-visibility, high-traffic location. This prime spot appeals to both tenants and customers, enhancing the property's long-term desirability. Exceptional Maintenance Standards: The building's upkeep is managed by quality contractors under comprehensive service contracts, ensuring that both the exterior and interior are well-maintained with minimal interruptions. This commitment to maintenance not only preserves the property's aesthetic and structural integrity but also provides peace of mind for potential investors. Strong Cap Rate: This property offers an attractive cap rate, positioning it as an excellent income-generating asset with significant growth potential. This mini mall is an ideal investment for those looking to capitalize on the economic stability of Lloydminster and the enduring appeal of a well-located commercial property. Whether you are a seasoned investor or looking to diversify your portfolio, this property offers both security and potential for future appreciation. Don’t miss out on this prime investment opportunity in Lloydminster! (id:13843)
Details
| MLS# | A2176122 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1984 |
| Days On Site | 173 |
| Listing Provided By | CENTURY 21 DRIVE | Rita Baxter |
Features
| SQ Feet | 10,186 |
|---|---|
| Zoning | C3 |
| Acreage | 0.82 |
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Learn More About This Property
| Province | AB |
|---|---|
| City | Lloydminster |
| Postal Code | T9V2H3 |
| Community Name | Steele Heights |
| Listing VS Median (In Steele Heights) | |
Price: $1,475,000 low | high Med: $349,900 SqFt: 10,186 low | high Med: 1,310 $ / SqFt: $145 low | high Med: $267 On site: 173 low | high Med: 8.000000 | |