Calgary Real Estate Blog

I have listed a new property at Okotoks. See details here

Leased retail investment for sale in Okotoks, Alberta: a 1,167 sq ft commercial unit (approx.) leased to a well-known national sandwich franchise. It comes with a strong brand tenant, steady income and built-in rent growth, with nothing for you to manage day to day. THE NUMBERS • Price: $778,000 • Cap rate: 6.0% (Year 1) • Year 1 rent: $40.00/sq ft, Year 1 NOI: $46,680 • Built-in rent increases to $44.00/sq ft by the final year of the lease (about $51,350 NOI) • At the same 6% cap, the final-year income supports a value of about $855,800 WHY THIS ONE The tenant is a national franchise brand that Canadians know, the kind lenders and buyers like to see on a rent roll. Sandwich and quick-service food stays busy in every market, and the unit sits in a multi-tenant neighbourhood plaza with other everyday-needs businesses (food, personal services and retail) that bring steady traffic. Okotoks is one of the fastest-growing towns in the Calgary region, with new homes and young families moving in every year. GOOD FIT FOR • Investors who want a brand-name tenant and predictable income • Buyers moving out of residential rentals into lower-maintenance commercial real estate • Holding companies looking to put retained earnings to work • Investors building a portfolio of leased commercial units around Calgary MORE AVAILABLE Other leased units in the same plaza are also for sale at around a 6% cap, so you can buy one or bundle several. The exact location, rent roll and lease details are shared after a signed NDA. Call or text Mohit Dhillon at (587) 719-5523 or email mohit.dhillon@century21.ca. Photo is an illustration only.

I have listed a new property at Okotoks. See details here

Leased retail investment for sale in Okotoks, Alberta: a 1,140 sq ft commercial unit already leased to an established pizza franchise operator. Income starts on day one, with no tenant search and no vacancy to fill. THE NUMBERS • Price: $722,000 • Cap rate: 6.0% (Year 1) • Year 1 rent: $38.00/sq ft, Year 1 NOI: $43,320 • Built-in rent increases to $45.00/sq ft by the final year of the lease (about $51,300 NOI) • At the same 6% cap, the final-year income supports a value of about $855,000 WHY THIS ONE This is the lowest entry price in the plaza for a leased unit at a 6% cap. Quick-service food is one of the steadiest tenant types in neighbourhood retail, and this tenant sits in a multi-tenant strip with other everyday-needs businesses (food, personal services and retail) that keep traffic coming all day. Okotoks is one of the fastest-growing towns in the Calgary region, and new homes keep bringing in families who shop close to home. GOOD FIT FOR • First-time commercial investors looking for a turnkey, leased unit • Investors moving out of residential rentals into lower-maintenance commercial income • Holding companies looking to put retained earnings to work • Buyers building a portfolio of leased commercial units around Calgary MORE AVAILABLE Other leased units in the same plaza are also for sale at around a 6% cap, so you can buy one or bundle several. The exact location, rent roll and lease details are shared after a signed NDA. Call or text Mohit Dhillon at (587) 719-5523 or email mohit.dhillon@century21.ca. Photo is an illustration only.

I have listed a new property at Okotoks. See details here

Dental space for sale in Okotoks, right in front of Costco. Units 13 and 14 at The Point in Okotoks (152 Southbank Street) are for sale, and you can buy one unit or both. Pricing is $600/sq ft. PICK YOUR SIZE • One unit (Unit 13 or 14): about 1,149 sq ft, from about $689,400 • Both units side by side: about 2,298 sq ft, about $1,378,800, with room for more operatories, sterilization and a proper front desk HIGHLIGHTS • Right in front of Costco, so Costco shoppers see your sign every visit • A medical clinic is already in the same plaza, so patients already come here for care • Neighbours include Save-On-Foods, Home Depot, McDonald's, Tim Hortons and Starbucks • Brand-new 24,000 sq ft plaza with steel-frame construction, completed in 2025 • 24+ ft ceilings, mezzanine-ready for a staff room or office • Zoning allows medical and professional services • Draws patients from Okotoks, High River and Aldersyde, with direct Highway 2 access WHY OWN YOUR PRACTICE'S SPACE Your payments build equity instead of paying rent, you control your location long term, and you design the clinic around your practice. Many dentists hold the unit in a holding company and lease it back to their practice. GOOD FIT FOR • Dentists opening a new practice or a satellite clinic • Orthodontists, denturists and other dental specialists • Medical, physio and allied health professionals Sizes and prices are approximate and exclude GST. Brochure and floor plan are available on request. Call or text Mohit Dhillon at (587) 719-5523 or email mohit.dhillon@century21.ca. Photo is an illustration only.