The Opportunity

Overview

Willow Shopping Centre is a 26,670 SF, two-building strata retail investment featuring prominent exposure along Northridge Drive in Okotoks, Alberta. The centre is fully leased to a diversified mix of service-oriented and daily-needs tenants, generating $814,680 in stabilized NOI with a 5.12-year weighted average lease term (“WALT”) and $29.27 PSF weighted average net rent (“WANR”). Situated within an established, high-income residential trade area, the property benefits from surrounding schools, mature residential density and $871M in consumer spending within a 3 km radius. (id:61970)

Investment highlights

01Retail

Property details

Property type: Retail
Transaction: For sale
Site area: 20,225.51 square feet
Listing brokerage: NAI Commercial Real Estate Inc
Listing representative: Vincenzo Caputo
Board / association: Edmonton - Commerical

Before you shortlist

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Financial information

Asking price$10,950,000

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Location intelligence

40 Riverside Way, 71 Riverside Drive
Okotoks, Alberta T1S1M3

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Documents

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From interest to a decision

Start with the right questions.

Listing facts begin the conversation. These Alberta resources help you prepare—not certify this property or replace professional advice. Preparation links open in a new tab, keeping this property and your inquiry open.

01Prepare for the property tour

Set your essential criteria and compare this property with the same evidence checklist.

Open resource 02Organize the document request

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Open resource 03Plan property due diligence

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Property diligence resources

Listing content supports property discovery and should be independently reconciled to current legal and professional records before a transaction decision.

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 29433447
Last supplied (UTC): October 22, 2026
Listing brokerage: NAI Commercial Real Estate Inc
Listing representative: Vincenzo Caputo
Board / association: Edmonton - Commerical

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

Listing brokerage: NAI Commercial Real Estate Inc · Listing representative: Vincenzo Caputo · Board/association: Edmonton - Commerical · Updated (UTC): Oct 22, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.