Investment Property
For Sale
  • Land

    • Cochrane Golf Club

    240 Riverview Drive, Cochrane, AB T4C 1K6 Canada
    Investment Property
    For Sale
  • Land

    • Cochrane Golf Club

    240 Riverview Drive, Cochrane, AB T4C 1K6 Canada
    Lot Size
    64.38 Acres
    Lot Size
    64.38 Acres

    OVERVIEW

    Cushman & Wakefield ULC is pleased to present 240 Riverview Drive, Cochrane, Alberta, known as Cochrane Golf Club (the “Property”) to the market for sale. Built in 1990, the Property represents a unique opportunity to acquire a recreational investment property improved with a semi-private 9-hole regulation golf course and ancillary amenities. The Property also includes an 18-hole mini-golf course, practice area, pro shop, and a clubhouse. Furthermore, there is a third-party lease in place to WOW Chicken that generates approximately $90,000 base rent per annum plus 5% percentage rent for sales over $1 million (sales for 2024 were approximately $2 million). There are multiple value-add opportunities with the acquisition including potential development of retail pads, inclusion of virtual golf simulators, and establishment of a golf training program. The Property benefits from a stable operating history that has seen a 5-year average of 34,568 rounds played and has investment upside through green fee growth.

    CONTACT

    Details

    Sale Price:
    $7,750,000 CAD
    Lot Size:
    64.38 Acres

    CONTACT

    Cochrane Golf Club

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

    RELATED PROPERTIES

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    Sale Price: $18,900,000 CAD

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