Overview
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Willow Shopping Centre is a 26,670 SF, two-building strata retail investment featuring prominent exposure along Northridge Drive in Okotoks, Alberta. The centre is fully leased to a diversified mix of service-oriented and daily-needs tenants, generating $814,680 in stabilized NOI with a 5.12-year weighted average lease term (“WALT”) and $29.27 PSF weighted average net rent (“WANR”). Situated within an established, high-income residential trade area, the property benefits from surrounding schools, mature residential density and $871M in consumer spending within a 3 km radius.
Details
Available Space:
26670ft²
Price:
$10,950,000
Location Street Address:
71 Riverside Drive
Space Zoning:
D
Lot Size Units:
SF
Space Types:
Retail
Building Size Sf:
26670
Building Name:
Willow Shopping Centre
Property Types:
Retail
Infrastructure Details
Note: distances are in straight line, rather than driving distances
Note: distances are in straight line, rather than driving distances
Nearest highways:
- Highway 2A - Less than 1 km (High Load Corridor)
- Highway 549 - Less than 1 km (High Load Corridor)
- Highway 7 - 2.48 km (High Load Corridor)
- Highway 783 - 2.54 km
- Highway 306 Avenue East - 5.67 km (High Load Corridor)
Nearest hospital:
- South Health Campus - 17.61 km
Nearest airports:
- International: Calgary International Airport - 43.85km
Nearest Historic Site
- Historic site designation: 5p
- HRV(5): high potential to contain a historic resource
- Category (p): palaeontological
Nearest powerlines:
- AltaLink - 158L 69kv - 2.45 km
Nearest substations:
- SS-54 - SS-54 , ENMAX - 14.06 km
- OKOTOKS - 678S , AltaLink - 5.69 km
Nearest irrigation systems:
- Within 28.14 km
Nearest railways:
- Canadian Pacific, Class : Main - 0.05 km
Nearest gas franchise area:
- ATCO Gas - Town Of Okotoks
Nearest Power Plant:
-
Saddlebrook Solar (SDL1), Saddlebrook Solar & Storage Limited Partnership - 11.5 km
Solar, 81 MW
Fibre Internet Availability:
- Ready/Available
- Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
| Type | Name | Operated By | Types of Products Shipped | Distance |
|---|---|---|---|---|
| Intermodal | CP Calgary Intermodal Terminal | Canadian Pacific |
|
26.29 KM |
| Transload | CP Calgary | Ogden TFR |
|
29.33 KM |
| Transload | CN Calgary | TRANSX |
|
29.36 KM |
| Transload | CP Calgary | Calgary TFR |
|
30.12 KM |
| Transload | CP Calgary | Target Transload Systems Inc. |
|
30.76 KM |
Highways
Airports
International
Regional
Local
Railways
Rail Stations
Powerlines
Substations
Irrigation
Community Economic Highlights: Okotoks, AB
Okotoks has a median family income of $130,000 compared to the Alberta median of $114,600.
Okotoks is located 15 minutes from south Calgary in a thriving trade zone.
4 high load corridors pass through Okotoks
Community Economic Details: Okotoks, AB
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