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10735 107th Ave NW
Edmonton, AB T5H 0W6
Avenue Professional Centre · Office Property For Sale
Investment Highlights
- Walking distance to MacEwan University, Rogers Place & Ice District.
- Easy access to public transit.
- Local amenities include restaurants, retail stores and professional offices.
- Potential for residential development on the Southern parking lot.
Executive Summary
Located in the Central McDougall area, this freestanding, five storey building has prime exposure along 107 Avenue with 24,295 VPD and is minutes from the downtown core. Building is 100% occupied delivering strong, stable income. As the 107 Avenue Revitalization Project progresses, Edmonton’s newest green space, 107 Avenue Park, will be just two blocks away and is set for completion by summer 2025. Ample surface parking for staff and visitors from two separate parking lots.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
20,959 SF
Building Class
B
Year Built
1979
Price
$2,840,700 USD
Price Per SF
$135.54 USD
Cap Rate
7.27%
NOI
$206,606 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
5,240 SF
Building FAR
0.70
Lot Size
0.69 AC
Zoning
MU - Mixed use
Parking
77 Spaces (3.67 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Bus Line
- Controlled Access
- Wheelchair Accessible
- Direct Elevator Exposure
- Smoke Detector
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