10639 156th St NW - Storefront FOR SALE


Edmonton, AB T5P 2S2- West
$1,300,000 CAD
587-416-9601
10639 156th St NW, Edmonton, AB for Sale
$1,300,000 CAD
Storefront - FOR SALE
1/18
null | 7.57% Cap Rate

10639 156th St NW
Edmonton, AB T5P 2S2
West


HIGHLIGHTS

  • Located in Edmonton’s active West End commercial corridor with strong connectivity.
  • Direct access to major roads, including Anthony Henday Drive and Yellowhead Trail.

OVERVIEW

REMAX Commercial Excel is pleased to present 10635 156 street NW, a fully-leased single-tenant retail investment positioned on a signalized hard corner of one of west Edmonton's most established commercial arterials. The 5,400 SF building sits on a .47-acre lot at the intersection of 156 Street & 107 Avenue; a node that combines strong daily traffic exposure with a deep, mature residential catchment. The asset trades with income in place to October 2030 under a triple-net (NNN) lease structure to a long-tenured neighbourhood retailer with a continuous operating history at the property. The lease was recently amended in August 2025 -- strengthening landlord rights and stepping rent -- providing a buyer with stable, recovered cash flow through the hold period and clear optionality at term.

FOR SALE DETAILS

PRICE

$1,300,000 CAD

PRICE/SF

$245 CAD /SF

CAP RATE

7.57%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,953 SF

ZONING

CN

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Humaira NaikyarRE/MAX Commercial ExcelMore Info
587-416-9601

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Humaira NaikyarRE/MAX Commercial ExcelMore Info
587-416-9601

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