Black & White Plaza

LOCATION: 5 Strachan Bay SE, Medicine Hat, Alberta PURCHASE PRICE: $3,500,000 DATE PURCHASED: January 29th, 2021 CASH ON CASH RETURN: 7.1% Average over 5 years COMPOSITE RETURN: 14.3% Average over 5 years TENANCY: Mobil 1, PPG 9Delux Paints, Associated Engineering...

Herc Rentals

LOCATION: 7899 50th Avenue, Red Deer, Alberta PURCHASE PRICE: $1,850,000 DATE PURCHASED: November 3rd, 2020 CASH ON CASH RETURN: 7.14% Average over 5 years COMPOSITE RETURN: 13.9% Average over 5 years TENANCY: Herc Rentals OCCUPANCY: 100% YEAR BUILT: 1980...

NAPA Condo Bays

LOCATION: Bays 1 & 2, 7659 Edgar Industrial Drive, Red Deer, Alberta PURCHASE PRICE: $1,285,000 DATE PURCHASED: September 16th, 2020 CASH ON CASH RETURN: 7.6% Average over 5 years COMPOSITE RETURN: 14.8% Average over 5 years TENANCY: UAP INC. OCCUPANCY: 100% YEAR...

Baiers Stationery Building

LOCATION: 4932 49th Street, Innisfail, Alberta PURCHASE PRICE: $280,000 DATE PURCHASED: June 6th, 2020 CASH ON CASH RETURN: 7% COMPOSITE RETURN: 7% TENANCY: Baiers Stationery & All About Dogs OCCUPANCY: 100% YEAR BUILT: 1976 FOOTAGE: 4,000 Sq. Ft. JOINT...

Les’s Auto Repair

LOCATION: 5208 49th Avenue, Innisfail, Alberta PURCHASE PRICE: $265,000 DATE PURCHASED: April 15th, 2020 CASH ON CASH RETURN: 8% COMPOSITE RETURN: 8% TENANCY: Elite Poultry Services Ltd. OCCUPANCY: 100% YEAR BUILT: 1976 FOOTAGE: 2,560 Sq. Ft. JOINT VENTURE: Safety...