Les’s Auto Repair

LOCATION: 5208 49th Avenue, Innisfail, Alberta PURCHASE PRICE: $265,000 DATE PURCHASED: April 15th, 2020 CASH ON CASH RETURN: 8% COMPOSITE RETURN: 8% TENANCY: Elite Poultry Services Ltd. OCCUPANCY: 100% YEAR BUILT: 1976 FOOTAGE: 2,560 Sq. Ft. JOINT VENTURE: Safety...

Home Hardware

LOCATION: 4221 50th Street, Drayton Valley, Alberta PURCHASE PRICE: $3,000,000 APPRAISED:  $3,200,000 DATE PURCHASED: January 6th, 2020 CASH ON CASH RETURN: 8.4% COMPOSITE RETURN: 14.6% TENANCY: Home Hardware OCCUPANCY: 100% YEAR BUILT: 1996 FOOTAGE: 21,878 Sq. Ft....

FMC Technologies Building

LOCATION: 257-27312 Township Road 394, Lacombe County, Alberta PURCHASE PRICE: $4,950,000 APPRAISED:  $5,275,000 DATE PURCHASED: August 7th, 2019 CASH ON CASH RETURN: 8% COMPOSITE RETURN: 14.4% TENANCY: FMC Technologies Canada Ltd. (Sublet to Firemaster Oilfield...

Revolve Furnishings

LOCATION: 4219 99th Street, Edmonton, Alberta PURCHASE PRICE: $5,300,000 APPRAISED:  $5,400,000 DATE PURCHASED: May 7th, 2019 CASH ON CASH RETURN: 5.4% COMPOSITE RETURN: 11.5% TENANCY: Revolve Furnishings, Rogers Communications Inc., ADQ Media Inc. OCCUPANCY: 100%...

Southridge Centre

LOCATION: 3606/3804 50th Street, Lloydminister, Alberta PURCHASE PRICE: $10,200,000 APPRAISED:  $12,135,000 DATE PURCHASED: July 21st, 2018 CASH ON CASH RETURN: 7% COMPOSITE RETURN: 14.2% TENANCY: Co-op Food Store, Cora Restaurant, Marble Slab Creamery, Verns Pizza,...