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10524 110th St NW 14,552 SF 100% Leased Retail Building Edmonton, AB T5H 3C5 $3,888,653 USD ($267.22 USD/SF) 6.50% Cap Rate
Investment Highlights
- Located next to MacEwan University
- Good on-site and off-site parking
- Fully Tenanted
Executive Summary
- 100% leased, income-producing property
- 6.5% cap rate
- 5.1 year WALT (owner will leaseback a portion of the second floor space)
- Risk is diversified across 12 tenants
- Located next to Grant MacEwan University just off of 109 Street
- Good street parking in the area
- Mix of commercial and residential tenants
- 6.5% cap rate
- 5.1 year WALT (owner will leaseback a portion of the second floor space)
- Risk is diversified across 12 tenants
- Located next to Grant MacEwan University just off of 109 Street
- Good street parking in the area
- Mix of commercial and residential tenants
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,552 SF
Building Class
B
Year Built
2000
Price
$3,888,653 USD
Price Per SF
$267.22 USD
Cap Rate
6.50%
NOI
$252,762 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.95
Lot Size
0.35 AC
Zoning
DC1 - Direct Development Control Provision
Parking
20 Spaces (2.62 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- 2626336 Alberta Ltd.
- Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Bilal Grocery & Halal Meat LTD
- Retailer
- -
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| 2626336 Alberta Ltd. | Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Bilal Grocery & Halal Meat LTD | Retailer | - | - | - | Jan 0000 |
Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (79)
Bike Score®
Very Bikeable (82)
Nearby Major Retailers
1 of 21
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10524 110th St NW
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