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8,589 sqft

C$6,300,000

9623 Macleod Trail SW, Calgary Alberta, T2J 0P6

Price per sqftC$733.50
Built in1989
Property size8,589 sqft
Property typeCommercial

Overview

Active

Pending

Listed Jun 26, 2026

Updated Sep 4

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.

Additional information

MLS® ID
A2324709
Available from
November 30, 2026

Interior Features

Basement
No

Exterior Features

Lot Size
0.52 Acres

Courtesy of City Homes Realty, William Yeung

Listing Contact: 403-978-3072 

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Data last updated 9:06 AM UTC, 10/11/2026

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