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Mark Friesen

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Data Last Updated November 22, 2024, 5:32 pm

 
Courtesy of Julian Szklarz Coldwell Banker Mountain Central

Balwin
No Floor Plan Available
$1,365,000
MLS® #:  E4410449
Address:  ACCESS Addresses
Days On Market:  ACCESS Days on Market

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Descriptions:

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

Site Influences:
Corner Site, Flat Site, High Traffic Area, Level Land, Landscaped, Paved Lot, Visual Exposure, Low Maintenance Landscape, See Remarks
Location & Listing Info:
Neighbourhood: Balwin
Zone: Edmonton
Property Info:
Property Type: Retail
Year Built: 1976
Financial & Possession:
Additional Info:
Legal Description: 12654
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Contact Mark Friesen -
201, 10114-156 st NW, Edmonton, Alberta, T5P 2P9
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Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated November 22, 2024, 5:32 pm.
Mark Friesen, Coldwell Banker Mountain Central
201, 10114-156 st NW, Edmonton, Alberta T5P 2P9
Tel: 780-977-8100
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