44,800 ft²Office / Retail$6,500,000Sale
44,800 ft²
Office / Retail
$6,500,000
Sale
Derek Claffey
NAI Commercial Edmonton
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- Attractive location just off St. Albert Trail in downtown region and overlooking the Sturgeon River - Buildings currently 55% occupied by Tenants with Net Leases in place. 45% of building is available for owner/user occupancy or re-lease to new Tenant’s. o Current net income of $459,197 per annum in place (August 1st, 2024), potential Proforma income of $733,889+ per annum* o Weighted average lease term remaining of 2.24 years o Medical/office vacancies with a variety of subdivision options for larger pockets throughout the building - Mix of covered and surface parking - Lease space available - please inquire
The Space
Asking Price$6,500,000
Available Space44,800 ft²
Property UseInvestment property
ZoningDT
SourceDirect
The Building - St. Albert Professional Building
Property TypeOffice / Retail / Other
Additional Listings at7 Saint Anne Street, St. Albert, AB
Type
Suite
Price
Size
Space Type
Lease
Building
$34.00/sf/yr
895-3,713 ft²
Office / Retail
Up to $500K for Alberta businesses
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