10015 107 St - Storefront FOR SALE


Westlock, AB T7P 2K7
$4,299,000 CAD
780-328-2584
10015 107 St, Westlock, AB for Sale
$4,299,000 CAD
Storefront - FOR SALE
1/4
null | 7.08% Cap Rate

10015 107 St
Westlock, AB T7P 2K7


HIGHLIGHTS

  • Property W.A.L.T. of 4.09 years and Shoppers Drug Mart W.A.L.T. of 4.66 years (as of April 1, 2026)
  • The Property is prominently positioned along Westlocks main business corridor with Shoppers Drug Mart occupying a center ice location since 2010
  • Extensive repairs and maintenance completed by current ownership
  • Situated about an hour north of Edmonton, providing urban access with rural benefits
  • Dominant pharmacy operator location with limited retail competition and fulsome offerings of drug, grocery, and convenience
  • Central downtown locations within the commercial districts of Westlock

OVERVIEW

Jones Lang LaSalle Real Estate Services, Inc. (“JLL”) is pleased to present the opportunity to purchase a 100% freehold interest in a pharmacy-anchored retail asset in Westlock, Alberta (the “Property”). The Property is anchored by Canada’s largest pharmacy operators, Shoppers Drug Mart, encompassing 83.5% of the Property’s base rent and with term through November 2030. This necessity-based Property is in the stable secondary market of Westlock, servicing the greater community of central Alberta.

FOR SALE DETAILS

PRICE

$4,299,000 CAD

PRICE/SF

$276 CAD /SF

CAP RATE

7.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

DTMU

APN/PARCEL ID

0015829468,0015829476,0015829484,0015829492

ASK ABOUT THIS PROPERTY

780-328-2584

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780-328-2584

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