26,670 ft²Retail$10,950,000Sale
26,670 ft²
Retail
$10,950,000
Sale
Daniel Yarmon
NAI Commercial Edmonton
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Willow Shopping Centre is a 26,670 SF, two-building strata retail investment featuring prominent exposure along Northridge Drive in Okotoks, Alberta. The centre is fully leased to a diversified mix of service-oriented and daily-needs tenants, generating $814,680 in stabilized NOI with a 5.12-year weighted average lease term (“WALT”) and $29.27 PSF weighted average net rent (“WANR”). Situated within an established, high-income residential trade area, the property benefits from surrounding schools, mature residential density and $871M in consumer spending within a 3 km radius.
The Space
Asking Price$10,950,000
Available Space26,670 ft²
Property UseInvestment property / Retail
ZoningD
SourceDirect
The Building - Willow Shopping Centre
Property TypeRetail
Building Size26,670 ft²
Up to $500K for Alberta businesses
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