Turnkey triple net retail investment opportunity in the rapidly growing community of Savanna NE Calgary. Located at 63 Savanna Blvd NE, this retail condo is fully leased to Cafe Karak, an established café concept known for its specialty Karak chai, coffee beverages, and strong community presence. This asset is ideal for first-time commercial investors or buyers seeking stable, passive income with minimal management responsibilities. The property operates under a Triple Net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and operating costs, providing ownership with predictable income and reduced overhead. Strategically positioned within Savanna’s commercial core, the property benefits from strong residential density, consistent neighborhood traffic, and continued population growth in one of Northeast Calgary’s fastest expanding communities. This is a rare opportunity to acquire a well-positioned retail asset under $1M with long-term upside in a high-growth market.
Address
63 Savanna Boulevard NE
List Price
$849,000
Property Type
Commercial
Type of Dwelling
Retail
Transaction Type
Sale
Area
Calgary NE
Sub-Area
Saddle Ridge
Year Built
2019
MLS® Number
A2303375
Listing Brokerage
eXp Realty
Postal Code
T3J 4H1
Zoning
C-N1