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8402 109 St NW
Edmonton, AB T6G 1E2
Retail Property For Sale
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
$6,304,086 USD
Price Per SF
$403.41 USD
Cap Rate
5.98%
NOI
$376,755 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
1 of 24
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