Great investment opportunity: the Southpointe Business Centre is a fully leased commercial strip mall with stable tenants and strong cashflow. Three units have had their original tenants in place since the mall was built in 1999 and the fourth one is a large triple AAA multinational corp. It is located on Range Lake Road the main entrance into the Frame Lake South subdivision just off Old Airport Road, Yellowknife's primary retail shopping district. The 12096 sf building sits on a 50,965 sf corner lot and has four units containing 15132 rentable sf as some units have partial second floor or mezzanine development. Each unit has its own oil-fired boiler heating system, individual air conditioning and 200-amp service. Lease detail and income information will be made to qualified purchasers once a confidentiality agreement is in place. (id:4069)
Address
487 RANGE LAKE ROAD
List Price
$2,650,000
Property Type
Retail
Area
Northwest Territories
Sub-Area
Yellowknife
Lot Size
50132 Sq. Ft.
Year Built
1999
MLS® Number
6112
Listing Brokerage
COLDWELL BANKER NBS
