Cochrane Golf Club
240 Riverview Drive, Cochrane, AB T4C 1K6 Canada
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.
Details
- Sale Price:
- $7,750,000 CAD
- Lot Size:
- 64.38 Acres
AVAILABILITIES