Ref 676281

Westmount Centre

200 Southridge Drive

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Space available179,032 ft²


JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in Westmount Centre (the “Property”), a neighbourhood retail centre situated on 4.11 acres in Okotoks, Alberta—a bedroom community situated a short 13-minute drive south of Calgary’s city limit.  Comprised of 50,825 SF, the Property is 89.5% leased to a diverse mix of needs-based and service-oriented tenancies with a particular focus on health and wellness. The Property offers the investor secure future cash flow with a weighted average lease term of 6.09 years and attractive rental growth due to contractual rental escalations. The Property is being offered for sale at an asking price of $17,500,000.

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