Adil Thobani // 403-861-5656 // adil@adilthobani.com

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New property listed in Stoney 3, Calgary

New property listed in Stoney 3, Calgary

I have listed a new property at 103 10985 38 STREET NE in Calgary.
INVESTMENT OPPORTUNITY 7% CAP RATE! Ideally located in a high traffic area, this is a great opportunity for investors with established tenants in place, and plenty of parking. Built in 2017 this concrete constructed building with reinforced concrete beam foundation, features 22 ft ceiling height on the main floor, two 14x13.5 garage doors, fully built out with a reception/seating area, office space, washrooms, and kitchen/staff room. Currently this space is being operated by an automotive repair shop. Upstairs is being leased out as office space with private access, a communal kitchen, and a perfect setup to be used as shared workspace. Next to the airport and surrounded numerous growing communities. There is also an opportunity to purchase the established automotive business and equipment with dedicated clientele for those looking for a great business opportunity as well! *Please do not approach staff or enter the property without listing Realtors permission.
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