9% Cap rate ! 17,000 lease able space in total, 87% of spaces are currently leased. Here is a rare opportunity to own one of the SYMBOLIC buildings of Moose Jaw – sometimes referred to as Little Chicago. The building's entire basement is part of The Tunnels of Moose Jaw tour which is the major tourist attraction in Moose Jaw. The entrance to the basement is also the entrance and start of the historic “Chinese Connection” tour of The Tunnels of Moose Jaw, and showcases the historic Chinese connection tour highlights. Located in the heart of downtown Moose Jaw, it boasts arguably the best commercial real estate location in Moose Jaw. The building consists of approximately 17,000 square feet (on three levels) of leasable space. 87% of space are currently leased. Extensive renovations have been completed on this building, thus the entire building looks new up and down, in and out. The property also boasts a 3,150 sq. ft. parking lot with rental potential as well. This prime real estate is directly east of Moose Jaw's Mosaic Place Stadium, home of the WHL hockey team – The Moose Jaw Warriors. In addition, this parcel lies within close proximity to other popular tourist attractions and amenities. The second floor, which is approximately 4,500 sq. ft., has the potential to generate a triple net rent of about $30,000./annually.
Anchor Tenants, End Space, Interior Space, Onsite Parking, Store Front, Wheelchair Access
Air Conditioning, Floor Model Furnace, Roof Top H/Vac
Royal LePage Landmart.
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