Secure a premium retail asset on Mayor Magrath Drive with exposure to 29,000+ vehicles/day. This fully leased 4,835 sq. ft. plaza sits on a 0.62-acre site with excellent access, visibility, and ample parking.
Anchored by nationally recognized tenants including TELUS (Tom Harris Cellular), OPA! of Greece, and CoCo Fresh Tea & Juice—delivering stable, diversified income with proven operators.
Located in a dominant retail node surrounded by Safeway, Canadian Tire, and major QSR brands, this property offers strong in-place cash flow with clear upside through future rent growth in an expanding South Lethbridge market.
Additional value-add potential with the ability to add another bay on the property (subject to City of Lethbridge approval).
Ideal for investors seeking a low-vacancy, high-visibility asset with long-term appreciation and development upside. Contact your Realtor for a showing!
Address
2424 Mayor Magrath Drive S
List Price
$3,180,000
Property Type
Commercial
Type of Dwelling
Retail
Transaction Type
Sale
Area
Lethbridge
Sub-Area
Fairmont
Year Built
2001
MLS® Number
A2295192
Listing Brokerage
CLEARVIEW PROPERTY MANAGEMENT LTD.
Postal Code
T1K6Z3
Zoning
C-H