Property Details

Investment Opportunity – SOLD

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Investment Opportunity – SOLD

SOLD $1,980,000.00
9,416 Sq.Ft (+/-)  Print this page

DOWNTOWN INVESTMENT OPPORTUNITY

10160-114 STREET, EDMONTON, AB

SOLD

8.5% CAP RATE

PROPERTY HIGHLIGHTS

  • Outstanding downtown investment opportunity, located off Jasper Avenue
  • Recently renovated
  • Secured long term leases in place
  • Only investment in greater Edmonton under 2 million offered at an 8.5% cap rate

PROPERTY INFORMATION

MUNICIPAL ADDRESS: 10160-114 Street NW, Edmonton, Alberta

LEGAL: Plan 902369, Block 89

YEAR BUILT: 1979

TOTAL SPACE AVAILABLE: 9,416 Sq.Ft (+/-)

ASKING PRICE: $1,980,000.00

NOI: $165,200.00

NOTE: Recent appraisal, rent roll and other applicable property information available upon a CA being signed.

ADDITIONAL DETAILS:

Ideally located in the heart of downtown just off Jasper Avenue, this fully-leased investment opportunity offers an excellent cap rate to investors seeking great returns with minimal effort.

“Heavy Lifting” – Complete significant resources invested in renovations and establishing of new tenancies

City of Edmonton property appraisal for $2,600,000.00 (2015)

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David J. Olson

Throughout his career he has been a top performer in the Retail/Investment market in Edmonton and surrounding area, his experience over the years has helped him grow and lead our Retail team. He has represented…

  • Office : 780.784.5356
  • Mobile : 780.908.1650
  • Fax : 780.483.2277

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Don Robinson

As a trusted associate on the Lizotte team, Don maintains a focus on achieving service excellence through the utilization of his expertise in negotiating lease and sales agreements as well as project management. His enthusiastic approach to…

  • Office : 780.784.5355
  • Mobile : 780.655.5667
  • Fax : 780.483.2277

Contact

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