701 Robert STREET

Description

100% leased 5 tenant 8384s.f. strip mall. A significant positive cash flow after all expenses and mortgage payments, with a CAP rate approaching 9% and rising to more than 10.9% over the next couple of years. Located on one of the busiest thoroughfares in the bustling city of Swift Current. Swift Current is located on the Sask highway #1 approximately 2 hours driving time to Regina, Saskatoon or Medicine Hat. Not a new building but well maintained with scheduled HVAC servicing twice a year and pressure cleaned sewer system once per year. Regular snow removal, refuge/recycle service, parking lot sweeping and week control. Professionally managed over past 10 years by same firm for out of province owners.

Listing courtesy of Cardinal Real Estate Ltd.