Exceptional Multi-Tenant Commercial Investment located in Falher, AB. This is an outstanding opportunity to acquire a well-established commercial property in the heart of Falher. This ±21,506 sq. ft. multi-tenant building is prominently located on Main Street, offering excellent visibility, steady foot traffic, and convenient access for tenants and customers. As a staple asset within the community, this property has a proven track record of stability and long-term occupancy, making it a low-risk, high-reward investment. The building is fully leased to a diverse mix of five long-term tenants, including ATB Financial, Falher Foods, Canada Post, a Barber, and BrokerLink. These well-established businesses contribute to the property’s reliability and long-term income security. The leases are structured as triple net agreements, ensuring minimal operational expenses for the owner while providing a stable 9.61% capitalization rate. This asset offers investors a consistent and predictable revenue stream. The property has been well maintained and features a large paved parking area, enhancing accessibility for both tenants and customers. Its prime Main Street location ensures high exposure, further strengthening tenant retention and long-term value appreciation. This is an exceptional opportunity to acquire a turnkey, income-generating commercial property with secure long-term revenue, minimal management responsibilities, and strong financial performance. This asset provides immediate and sustainable returns, whether as a portfolio addition or a stand-alone investment. Book your showing today! (id:60626)
| MLS® Number | A2191212 |
| Property Type | Retail |
| Features | Visual Exposure, Back Lane |
| Parking Space Total | 100 |
| Plan | 6165et |
| Road Type | Paved Road |
| Total Buildings | 1 |
| Constructed Date | 1964 |
| Construction Material | Poured Concrete |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Concrete |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 21506 Sqft |
| Size Interior | 21,506 Ft2 |
| Total Finished Area | 21506 Sqft |
| Type | Retail |
| Acreage | Yes |
| Size Irregular | 2.54 |
| Size Total | 2.54 Ac|2 - 4.99 Acres |
| Size Total Text | 2.54 Ac|2 - 4.99 Acres |
| Zoning Description | C1 |
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