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Data was last updated 2026-06-26 at 18:05:05 GMT
$6,300,000

9623 Macleod Trail SW   Calgary, Alberta

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MLS®: A2324709
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An exceptional opportunity to acquire a fully tenanted, dual-tenant net lease investment property located along one of Calgary's most commercially active retail corridors. This 8,589 square foot property sits on a 0.52-acre site with approximately 150 feet of prime frontage along Macleod Trail. The property is anchored by two well-established automotive service brands ? Mr. Lube and Midas ? occupying 5,000 SF and 3,589 SF respectively. Both tenants operate under net lease structures with renewal options in place, providing investors with stable, predictable income and long-term tenancy certainty. Combined base annual rent is $300,000, reflecting strong in-place cash flow supported by national covenant tenants. The site is zoned C-COR3 F1.0h12, but the neighbouring property has submitted an LOC to MU-2 f4h40, offering future redevelopment potential in one of the city's most sought-after commercial zones. Strategically positioned between Heritage Drive and Southland Drive, the property is surrounded by major retailers including Walmart Supercentre, Superstore, McDonald's, Subway, London Drugs, and major financial institutions. The adjacent Southland LRT Station further reinforces the location's accessibility and long-term commercial demand. This investment presents a rare combination of strong tenancy, irreplaceable Macleod Trail exposure, and future land value upside in a supply-constrained corridor.
An exceptional opportunity to acquire a fully tenanted, dual-tenant net lease investment property located along one of Calgary's most commercially active retail corridors. This 8,589 square foot property sits on a 0.52-acre site with approximately 150 feet of prime frontage along Macleod Trail. The property is anchored by two well-established automotive service brands ? Mr. Lube and Midas ? occupying 5,000 SF and 3,589 SF respectively. Both tenants operate under net lease structures with renewal options in place, providing investors with stable, predictable income and long-term tenancy certainty. Combined base annual rent is $300,000, reflecting strong in-place cash flow supported by national covenant tenants. The site is zoned C-COR3 F1.0h12, but the neighbouring property has submitted an LOC to MU-2 f4h40, offering future redevelopment potential in one of the city's most sought-after commercial zones. Strategically positioned between Heritage Drive and Southland Drive, the property is surrounded by major retailers including Walmart Supercentre, Superstore, McDonald's, Subway, London Drugs, and major financial institutions. The adjacent Southland LRT Station further reinforces the location's accessibility and long-term commercial demand. This investment presents a rare combination of strong tenancy, irreplaceable Macleod Trail exposure, and future land value upside in a supply-constrained corridor.

Listing Information

Prop. Type:
Retail (Commercial)
Status:
Active
City:
Calgary
Neighbourhood:
Haysboro
Area:
Calgary
Province:
Alberta
MLS® Number:
A2324709
Listing Price:
$6,300,000

General Information

Year Built:
1989

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This property is listed by City Homes Realty and provided here courtesy of Chris Tarves. For more information or to schedule a viewing please contact Chris Tarves.
Chris Tarves
SUTTON GROUP CANWEST
Phone: 4032789208
Mobile Phone: 4036067334
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
This site's content is the responsibility of Chris Tarves, licensed Salesperson in the Province of Alberta.
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Royal LePage

The Trademarks REALTOR, REALTORS And The REALTOR Logo Are Controlled By The Canadian Real Estate Association (CREA) And Identify Real Estate Professionals Who Are Members Of CREA. Used Under License. The Trademarks MLS, Multiple Listing Service And The Associated Logos Are Owned By The Canadian Real Estate Association (CREA) And Identify The Quality Of Services Provided By Real Estate Professionals Who Are Members Of CREA. Used Under License.


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