5,992 ft²Office / Retail / Other$2,250,000Sale
5,992 ft²
Office / Retail / Other
$2,250,000
Sale
Scott Endres
Royal Park Realty
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Multi-Tenant Commercial Investment Property in West Edmonton, Alberta Royal Park Realty is pleased to offer for sale this multi-tenant commercial investment opportunity prominently situated on 156th Street & 87th Avenue. It is located directly across from the Meadowlark Health & Shopping Centre, offering prime visibility. The property is fully leased with stable, longstanding tenants. It is well-maintained and offers a diverse mix of retail tenants. A comprehensive disclosure package is available upon signing a Confidentiality Agreement.
The Space
Asking Price$2,250,000
Available Space5,992 ft²
Net Operating Income$159787.51
Property UseInvestment property
Taxes$44,479/yr
ZoningCG
Cap Rate7.1%
Year Built2001
Net Operating Income$159,787/yr
SourceDirect
The Building
MUNICIPAL ADDRESS 8721-156 Street NW, Edmonton, AB LEGAL DESCRIPTION Plan: 2039AQ; Block: 1; Lots: 8 & 9 ZONING CG (General Commercial) TYPE OF SPACE Investment BUILT 2001 NEIGHBOURHOOD Jasper Park BUILDING SIZE 5,992 sq ft ± (above grade) SITE SIZE 0.15 Acres ± MAIN FLOOR 2,992 sq ft ± 2ND FLOOR 3,000 sq ft ± BASEMENT 3,000 sq ft ± HVAC Forced air & air conditioning PARKING Scramble SIGNAGE Facade & Pylon
Property TypeOffice / Retail
Floors2
Building Size5,992 ft²
Lot Size0.15 AC
Up to $500K for Alberta businesses
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