10701 100 Av - Retail FOR SALE


Morinville, AB T8R 1A2
$1,800,000 CAD
780-939-1111
10701 100 Av, Morinville, AB for Sale
$1,800,000 CAD
Retail - FOR SALE
1/2
null | 4.99% Cap Rate

10701 100 Av
Morinville, AB T8R 1A2


OVERVIEW

Prime Commercial Investment Opportunity This exceptional 5-year-old commercial building offers a rare combination of modern construction and a high-visibility, prime location with ample parking. The property is currently 100% occupied by the three original tenants, all of whom have secured their long-term commitment by signing five-year lease extensions through 2031. The investment provides immediate and growing returns. Currently generating $89,946.00 in annual revenue, the income is scheduled to increase to $92,691.00 starting in November 2026. Efficiency is maximized through a structure where all utilities, maintenance, and property taxes are managed as operational costs and paid directly by the tenants. At a list price of $1.8 million (plus applicable GST), this represents a stabilized cap rate of approximately 4.99%. This is an ideal acquisition for an investor seeking a turnkey, low-maintenance asset in a premium corridor with established tenancy and consistent revenue growth. Custom built by Atlas Premium Homes

FOR SALE DETAILS

PRICE

$1,800,000 CAD

PRICE/SF

$450 CAD /SF

CAP RATE

4.99%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Atlas Crossing

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Glen GoodRE/MAX Real Estate MorinvilleMore Info
780-939-1111

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Glen GoodRE/MAX Real Estate MorinvilleMore Info
780-939-1111

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