Retail
ID 676281Westmount Centre
200 Southridge Drive
Okotoks
$16,850,000
- Space available4.11 ac
Ryan Murphy
Vice President, Capital Markets
Agent details
Matthew Smith
Executive Vice President & National Lead, Capital Markets, Retail
Agent details
Mark Leshchyshyn
Sales Associate, Capital Markets, Retail
Agent details
- Summary
- Location
- Brochures
- Agents
Summary
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 a reduced asking price of $16,850,000.
The Property is being offered for sale at a reduced asking price of $16,850,000.
Location
Agents
Ryan Murphy
Vice President, Capital Markets
Agent details
Matthew Smith
Executive Vice President & National Lead, Capital Markets, Retail
Agent details
Mark Leshchyshyn
Sales Associate, Capital Markets, Retail
Agent details