587-410-6056
10308 103 St NW, Edmonton, AB for Sale
Storefront - FOR SALE
1/7
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10308 103 St NW
Edmonton, AB T5J 0Y9
Downtown


HIGHLIGHTS

  • Unique densification opportunity
  • Centrally located in a high-growth node
  • Unrivalled Connectivity and Pedestrian Traffic
  • Prime Centre-Ice location in ICE district

OVERVIEW

Connect Centre is a rare opportunity for investors to acquire a 113,776 square foot grocery-anchored retail podium. Featuring an incomparable tenancy profile, strong local and national tenants include: Loblaws, CIBC, National Bank, Edmonton Oilers, Real Canadian Liquorstore, and The Canadian Brewhouse. The Property features a diverse cash flow profile secured by strong covenant tenants that average a weighted lease term of 12 years, with contractual rental escalations. Loblaws accounts for 18% of revenues, while CIBC and National Bank represent each 29% and 11%, assuring a future owner of secure and long-term income security backed by investment grade tenants. The balance of the tenancy profile includes the corporately owned The Canadian Brewhouse (27%), Edmonton Oilers (12%), and Plantlife Cannabis (3%).

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Connect Centre

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,783 SF

ZONING

AED

APN/PARCEL ID

10854739,10854742,3024254

ASK ABOUT THIS PROPERTY

Cory WosnackAvison YoungMore Info
587-410-6056

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Cory WosnackAvison YoungMore Info
587-410-6056

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