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240-318 Nolanridge Crescent NW, Calgary, AB, T3R 1W9

MLS® # A2156910
Commercial For Sale In Calgary, Alberta
$999,000
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
240-318 Nolanridge Crescent Nw, Calgary, AB
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240-318 Nolanridge Crescent NW, Calgary, AB, T3R 1W9
$999,000

Property Information:

Discover an outstanding investment opportunity in the vibrant neighborhood of Nolan Hill. This prime retail commercial bay at #240, 318 Nolanridge Crescent NW, encompasses 1,570 square feet and currently hosts two successful franchise businesses. Situated in the heart of Nolan Hill, a secure and lucrative investment with a solid 6% cap rate. The area is rapidly growing community—this property offers exceptional accessibility via Sarcee Trail and serves as the primary entrance to the new Glacier Ridge community, spanning over 980 acres. With its strategic location and established tenant base, this commercial bay presents a compelling prospect for investors seeking a reliable and profitable addition to their portfolio in a dynamic, expanding market. In addition to its prime location and solid tenant history, the property’s modern infrastructure and design provide long-term value and adaptability for future business needs. Investors will appreciate the strong potential for capital appreciation as the surrounding area continues to develop, making this property not only a stable income-generating asset but also a promising investment for future growth. Don't miss this out (Please note that businesses are not for sale its property only with the long term leases)

Inclusions: N/A

Property Features:

  • Built in: 2019
  • Floor Space (approx): 1570.00 Square Feet
  • Zoning: I-C

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 240-318 Nolanridge Crescent NW, Calgary, AB, T3R 1W9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

37/100

Moderate-Low

ClimateCheck®

Current data

This property, 240-318 Nolanridge Crescent NW, experiences 7 hot days per year at around 28.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 32.4 degrees Celsius.

Projected Avg. Temperature

Past
28.4℃
2050
32.4℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

24/100

Moderate-Low

ClimateCheck®

Current data

This property, 240-318 Nolanridge Crescent NW, experiences 10 significant 2-day storms per year, with about 204.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 220.1mm of precipitation per year.

Precipitation Per Storm

Past
204.9mm
2050
220.1mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 240-318 Nolanridge Crescent NW, Calgary, AB, T3R 1W9

Life Stage

Young Families

Employment Type

Mixed

Average Household Income

$191,681.72

Average Number of Children

2.07

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.38 %

High school certificate or equivalent

20.35 %

Apprenticeship trade certificate/diploma

4.92 %

College/non-university certificate

11.52 %

University certificate (below bachelor)

2.59 %

University Degree

49.25 %

Commuter

Travel To Work

By Car

81.99 %

By Public Transit

7.93 %

By Walking

0.38 %

By Bicycle

0.0 %

By Other Methods

9.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

97.91 %

Own Vs. Rent