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10852 97th St NW 8,000 SF Vacant Retail Building Edmonton, AB T5H 2M5 $788,011 USD ($98.50 USD/SF)
INVESTMENT HIGHLIGHTS
- Transit accessible by bus and the Royal Alex LRT Station
- Minutes away from the Downtown core and Kingsway Mall
- Excellent access to major arterials including 97 Street, Kingsway Road, 111 Avenue, 101 Street and 107 Avenue
EXECUTIVE SUMMARY
Leaseback sale opportunity. The main floor tenant will sign a new 15-year lease with the new owner at market rent with an escalation over the term. The tenant has 15 years in business, and 4 years in business in this location.
The second floor is vacant allowing owner-users to occupy a portion of the space. This space is ideal for law firms, accounting firms, bookkeeping, various professionals, and immigration practices. The second floor can be leased separately.
The second floor is vacant allowing owner-users to occupy a portion of the space. This space is ideal for law firms, accounting firms, bookkeeping, various professionals, and immigration practices. The second floor can be leased separately.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
B
Year Built
1970
Price
$788,011 USD
Price Per SF
$98.50 USD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.16 AC
Zoning
MU - Commercial mixed use. Suitable for most commercial uses, and residential use
Parking
4 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Storage Space
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- 107 Loan Centre
- -
- 2,601 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| 107 Loan Centre | - | 2,601 SF | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Second-floor office space, currently available for lease.
| Space | Size | Space Use | Position | Available |
| 2nd Floor | 4,000 SF | Office/Retail | - | Now |
2nd Floor
| Size |
| 4,000 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Floor
| Size | 4,000 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Second-floor office space, currently available for lease.
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (88)
NEARBY MAJOR RETAILERS
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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10852 97th St NW
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