15 Royal Vista Place NW

Calgary, Alberta T3R 0N2

MLS® A2221380158 days on marketListed May 14, 2025

Exclusive Offering

$26,000,000

62,796Living Space

2013Year Built

Property Overview

Urban Realty is proud to offer for sale a 100% freehold interest in a Mixed use office and retail center located at 15 Royal Vista Place NW Calgary AB.

The property spans 62,000 square feet of Retail, Medical and Office Tenant's and is 100% leased.

Sitting on just under 4.26 Acres the development features a couple free standing buildings currently leased to a national bank and a dental surgeon and a 3-storey mixed use office and retail building containing neighborhood retail and medical Tenant's. The investment offers investors a secure long-term hold with opportunities to increase cash flow on renewals and build an additional pad site on the property.

Most Tenant's have been at the location for 5+ years and there is very little turn over with the Tenant's.

The property is being offered for sale at $26,000,000.00 which represents a capitalization rate of 6.5%

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft

$414/sqft

Above average pricing - verify premium features

Investment Considerations

Modern Property: Good balance of modern amenities and reasonable pricing. Typically lower maintenance.

Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.

Commercial Investment: Evaluate rental demand and property management requirements for this property type.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.