$1,365,000

Commercial For Sale In Balwin, Edmonton, Alberta

$1,365,000

Property Information:

Turn Key! Net Cap Rate of Approx 7 % Excellent Visual Exposure - One of 2 tenants Long Term triple A + Major Box store retail client - Super Income of $91,500 net per year incl 3% collection loss n/a in reality. One floor building approx 5457 sq ft in excellent condition, paved parking 14 vehicles plus. Super high vis corner location - roads, sidewalks etc recently re done, very nice curb appeal, setting to match. The property has a large lot of 13,551 sq ft - potential of great multi re development making for a muti investment, cash now, plus future re development, adjacent lands potentially available. New roads, sidewalks, Yelowwhead Trail Upgrade, Fort Road rejuvenation have brought many new builds, multi units, services such as athletic centers presently under construction. LRT is close, high visual traffic flow and surrounding community make Major Box Store retail etc very desired, successful. Tenants leases till 2028 with longer options to renew. Low Mainteance Investment - A GREAT INVESTMENT

Property Features:

  • Amenities Features: Air Conditioning, Alarm System, HVAC System, See Remarks, Ceiling 9 ft.
  • Built in: 1976
  • Floor Space (approx): 5457 Square Feet
  • Major Business Type: Other/See Remarks
  • Site Influences: Corner Site, Flat Site, High Traffic Area, Level Land, Landscaped, Paved Lot, Visual Exposure, Low Maintenance Landscape, See Remarks
  • Site Services: City Water
  • Zoning: Zone 02

Courtesy of: Coldwell Banker Mountain Central

Data was last updated 2024-11-29 at 22:35

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