23,546 ft²Retail$7,500,000Sale
23,546 ft²
Retail
$7,500,000
Sale
Justin Sorensen
Lizotte and Associates
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Land assembly opportunity of 5 consecutive lots for development or value add to the existing properties Two-storey multi-tenant fully leased main-floor retail Excellent location in the heart of Old Strathcona 5 Main-floor retail spaces, 1 second-floor tenant Possible redevelopment site; neighboring buildings can be purchased as well (please contact Associate for additional information) ALL leases are triple-net (88.7%) Site Coverage Estimated (6%) cap. rate on the purchase price!
The Space
Asking Price$7,500,000
Available Space23,546 ft²
Property UseRetail
ZoningGeneral Business Zone (CB2)
SourceDirect
Transit Friendly
The Building
Municipal Address: 10542/44 – 82 Avenue, Edmonton, AB Building Size: 23, 546 Sq. Ft. (+/-) Lot Size: 13,068 Sq. Ft. (+/-) Zoning: General Business Zone (CB2) Parking: Street front parking/ Neighboring paid parking lot to the West of the building Power: 200 Amps/unit Heating: HVAC Loading: Doors in back alley Possession: Immediate/negotiable NOTE: Access to relevant data, including floor plans, site plans, rent roll, and other pertinent details concerning the tenant(s), will be provided upon the pre-qualification of ALL prospective purchasing groups, facilitated by Broker/Associates. This access is contingent upon the signing of a confidentiality agreement, subject to the discretion of both the Vendor and the Lead Associate, David J. Olson.
Property TypeRetail
Floors2
Building Size23,546 ft²
Lot Size13,068 ft²
Transit Friendly
Up to $500K for Alberta businesses
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