Property Details

9623 Macleod Trail SW
Calgary (A2324709)

$6,300,000
8,589 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

An exceptional opportunity to acquire a fully tenanted, dual-tenant net lease investment property located along one of Calgary's most commercially active retail corridors. This 8,589 square foot property sits on a 0.52-acre site with approximately 150 feet of prime frontage along Macleod Trail. The property is anchored by two well-established automotive service brands — Mr. Lube and Midas — occupying 5,000 SF and 3,589 SF respectively. Both tenants operate under net lease structures with renewal options in place, providing investors with stable, predictable income and long-term tenancy certainty. Combined base annual rent is $300,000, reflecting strong in-place cash flow supported by national covenant tenants. The site is zoned C-COR3 F1.0h12, but the neighbouring property has submitted an LOC to MU-2 f4h40, offering future redevelopment potential in one of the city's most sought-after commercial zones. Strategically positioned between Heritage Drive and Southland Drive, the property is surrounded by major retailers including Walmart Supercentre, Superstore, McDonald's, Subway, London Drugs, and major financial institutions. The adjacent Southland LRT Station further reinforces the location's accessibility and long-term commercial demand. This investment presents a rare combination of strong tenancy, irreplaceable Macleod Trail exposure, and future land value upside in a supply-constrained corridor.

Property details

Basic Info

MLS® #
A2324709
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Haysboro
Price
$6,300,000
Sale/Lease:
For Sale
Size:
8,589 sq.ft.
Year Built:
1989 (37 years old)

Building Info

Structure Type:
Retail
Garage:
No
Fence:
Basement:
No
Inclusions:
n/a

Lot / Land Info

Lot Size:
1 acres
Zoning:
C-COR3 f1.0h12

Listing Info

Possession:
Negotiable
Days on Market:
1
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

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