40 Riverside Way, 71 Riverside Drive - Main photo, Okotoks, Alberta

40 Riverside Way, 71 Riverside Drive - Photo 1 of 1, Okotoks, Alberta

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$10,950,000

40 Riverside Way, 71 Riverside Drive — Okotoks, Alberta

T1S1M3

NAI Commercial Real Estate Inc

MLS® 44460911

26,670Sq Ft

20,226Lot Sq Ft

About This Property

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:63357)

NAI Commercial Real Estate IncMLS® 44460911

Property Location

Map

Property Details

Property Type: Commercial
Living Area: 26,670 sqft
Status: Active
MLS® Number: 44460911

Location & Neighborhood

What's nearby 40 Riverside Way, 71 Riverside Drive

Nearby Schools

All Saints
School
15.2 km
Our Lady of the Rosary
School
16.6 km
Joane Cardinal-Schubert
School
17.3 km
Notre Dame Collegiate
Secondary School • 9–12
16.2 km
St. Sebastian
School
18.1 km

Parks & Recreation

Ethel Tucker Park
park
0.3 km
Lineham Park
park
0.4 km
Hemus Parkway
park
0.5 km

Local Amenities

Dining

Pho Hoai Vietnamese Beef House16m
Big Rock Inn0.2 km

Grocery

Supper Studio0.2 km
No Frills0.7 km

Pharmacy

Okotoks HC Pharmacy0.3 km

Coffee & Cafes

In Cahoots0.7 km

POI data updated 3/6/2026

Price History

$10,950,000

Jun 20, 2026

↓ $1,200,000

-9.9%

Okotoks Market Snapshot

140

Active Listings

Last updated: Jul 20, 2026

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