Property Details

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63 Savanna Boulevard NE
Calgary (A2303375)

$849,000
1,505 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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.

Property details

Basic Info

MLS® #
A2303375
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Saddle Ridge
Price
$849,000
Sale/Lease:
For Sale
Size:
1,505 sq.ft.
Year Built:
2019 (7 years old)

Building Info

Structure Type:
Retail
Building Name:
Savanna Market
Garage:
No
Fence:
Basement:
No
Inclusions:
as per the Lease

Lot / Land Info

Zoning:
C-N1

Business Info

Business Type:
Food & Beverage

Listing Info

Possession:
Negotiable
Days on Market:
1
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Grassroots Realty Group Ltd.
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