4820 49 St Redwater, Alberta T0A 2W0

6,400 sqft

$849,000

Incredible turnkey investment opportunity to acquire Kicks Saloon in Redwater with an in-place tenant on a true NNN lease and step-up rent structure, delivering a strong 7.8%cap rate. This asset offers an immediate income stream with minimal landlord responsibilities. Located in a growing community benefiting from Alberta’s oil and industrial economy tailwinds, the property features a long operating history and proven tenant performance. A solid, hands-off investment with built-in rent growth and stable cash flow in a high-demand regional market. (id:63476)

Property Details

MLS® Number 44931927
Property Type Retail

Building

Constructed Date 1949
Size Interior 6,400 Sqft

Land

Acreage No
Size Irregular 9104.039999999999
Size Total 9104.04 Sqft|under 1/2 Acre
Size Total Text 9104.04 Sqft|under 1/2 Acre

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