7605 Henderson Way, Out of Area

MIDWAY COMMERCIAL LOT 2 - CENTRAL ALBERTA INVESTMENT OPPORTUNITY Ontario investors seeking a lower-cost alternative to GTA commercial real estate can consider this income-producing commercial opportunity in Lacombe, Alberta, strategically located along the QEII corridor between Edmonton and Calgary.$4.8M Asking Price | ~$250,145 Current Base Rent | ~5.21% Indicative Yield The property offers significant upside through the potential development of up to 10,000 SF of professional/medical space. Phase I could begin with 5,000 SF, estimated at $900K, with potential rent of approximately $150K annually at $30/SF. Upon completion and lease-up, projected base rental income could reach approximately $400K annually, representing an estimated 7.02% yield on the $5.7M total acquisition + Phase I deve