Retail Property for Sale
Property For Sale In Balwin, Edmonton
- MLS®#: E4410449
- Price: $1,365,000
- Year Built: 1976
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
Contact Lisa Rice About MLS® E4410449
Lisa Rice, 780-962-8580 at RE/MAX PREFERRED CHOICE, #4, 16 Nelson Drive, Spruce Grove, Alberta, T7X 3X3
property information
- Property Type: Retail Property
- MLS®#: E4410449
- Year Built: 1976
Community Information
- Neighbourhood: Balwin
- City: Edmonton
- Postal Code: T5C 3C1
exterior
- Exterior Features: Corner Site, Flat Site, High Traffic Area, Level Land, Landscaped, Paved Lot, Visual Exposure, Low Maintenance Landscape, See Remarks
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