332 14th St NW
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332 14th St NW
6,200 SF 100% Leased Retail Building Calgary, AB T2N 1Z7 $2,132,395 USD ($344 USD/SF) 2.65% Cap Rate
Investment Highlights
- Located in a prime location
Executive Summary
Great opportunity to own this prime location commercial property in Hillhurst. 14,000 SF C-COR2 lot with a 6,200 SF building. With 2 retail tenants bringing in stable good rental income, this property is a rare find in today's market. Tenants: Globefish lease until Aug 31, 2026. Color Me Mine lease until July 31, 2025. OP (insurance, property tax) is $9.82. Tenant pays utilities. Monthly triple net rental income: $11,530.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (USD) | Annual Per SF (USD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,200 SF
Building Class
C
Year Built
1971
Price
$2,132,395 USD
Price Per SF
$344 USD
Cap Rate
2.65%
NOI
$56,508 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.44
Land Acres
0.32 AC
Parking
25 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
96 FT on NW 14 St NW
Amenities
- Bus Line
- Signage
Walk Score ®
Walker's Paradise (96)
Bike Score ®
Biker's Paradise (100)
Nearby Major Retailers
-
Jinny Jin - Classic Property Management
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Classic Property Management
332 14th St NW
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