Elke Babiuk
Cell: 403-998-2735
2424 Mayor Magrath Drive S, Lethbridge
$3,180,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
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!
Essential Information
MLS® #A2295192
Price$3,180,000
Year Built2001
TypeCommercial
Sub-TypeRetail
StatusActive
Community Information
Address2424 Mayor Magrath Drive S
SubdivisionFairmont
CityLethbridge
CountyLethbridge
ProvinceAlberta
Postal CodeT1K6Z3
Additional Information
ZoningC-H
Office
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