10126 156 St NW - Retail FOR SALE


Edmonton, AB T5P 2P9- West
$1,749,000 CAD
780-807-8503
10126 156 St NW, Edmonton, AB for Sale
$1,749,000 CAD
Retail - FOR SALE
1/1
null | 6.04% Cap Rate

10126 156 St NW
Edmonton, AB T5P 2P9
West


HIGHLIGHTS

  • Escalation in Lease, Fully Renovated,

OVERVIEW

Investment Property Opportunity- A great opportunity to start or expand your portfolio with a solid investment property. The building underwent extensive renovations in 2024 and is currently leased to a well-established daycare business, providing a secure and stable tenant. The NNN lease is for 10 years until December 2034, with two additional 5-year renewal options, ensuring long-term stability. Attractive rent escalations are built in every two years, increasing both cash flow and property value. The property is currently listed at a cap rate above 6%, with projections to reach around 7% by the end of 2026—and continuing to grow with each escalation. Don’t miss this opportunity to acquire a fully renovated property with excellent returns and strong future growth. Please respect confidentiality, strictly do not approach the tenant.

FOR SALE DETAILS

PRICE

$1,749,000 CAD

PRICE/SF

$364 CAD /SF

CAP RATE

6.04%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased Building

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Day Care Center, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CB1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kram SarohiaKram & AssociatesMore Info
780-807-8503

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Kram SarohiaKram & AssociatesMore Info
780-807-8503

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.