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8402 109 St NW 15,627 SF 100% Leased Retail Building Edmonton, AB T6G 1E2 $6,437,737 USD ($411.96 USD/SF) 5.98% Cap Rate
Investment Highlights
- High traffic exposure on 109 Street NW, near University of Alberta
- Long Term Triple Net Leases with rent escalations
Executive Summary
109 GARNEAU PROFESSIONAL BUILDING for sale. For price, contact listing agent. Net Annual Income: ($525,920)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,627 SF
Building Class
B
Year Built/Renovated
1987/2018
Price
$6,437,737 USD
Price Per SF
$411.96 USD
Cap Rate
5.98%
NOI
$384,743 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.05
Lot Size
0.34 AC
Zoning
MU - Mixed use
Parking
41 Spaces (2.62 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (89)
Nearby Major Retailers
1 of 24
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8402 109 St NW
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