11816 121 St NW - Office FOR SALE


Edmonton, AB T5L 5H5- North
$2,599,000 CAD
587-855-1185
11816 121 St NW, Edmonton, AB for Sale
$2,599,000 CAD
Office - FOR SALE
1/26
null | Request Cap Rate

11816 121 St NW
Edmonton, AB T5L 5H5
North


HIGHLIGHTS

  • 17,312 sq ft ± of flexible retail/office space on 1.59 acres ± of leased land
  • Ideal for daycare, educational, nonprofit, professional, and owner-user occupancy
  • High visibility corner exposure
  • Parking is outstanding (~72 stalls for the whole building)
  • Fenced outdoor play/storage area and second floor rooftop patio
  • Flexible owner-user occupancy

OVERVIEW

MUNICIPAL ADDRESS 11816 - 121 Street NW, Edmonton, AB LEGAL DESCRIPTION Plan: 9020277; Block: 6B; Lot; 1 ZONING CG (General Commercial) The City has expressed support for daycare use at this location NEIGHBOURHOOD Blatchford MAIN 8,843 sq ft ± SECOND 8,469 sq ft ± TOTAL 17,312 sq ft ± ROOFTOP PATIO OVER MAIN FLOOR 1,300 sq ft ± (not included in second) SHOP/WAREHOUSE 1,340 sq ft ± (included in main) SITE SIZE 1.59 acres ± OTHER FEATURES Elevator, rooftop patio, grade level OH door, next to green belt POWER 800 Amps (TBC) at 120/208 volts FENCED YARD AREA 2,800 sq ft ± of fenced storage, more possible on site (TBC) PARKING 72 stalls total for the entire building SIGNAGE Main floor on building SECURITY Alarm, camera, intercom and parking lights INTERNET Shaw Fibre (TBC) SALE PRICE $3,260,000.00 $2,599,000.00 PROPERTY TAXES $86,560/ yr (TBC) LAND LEASE $5,320.00/mo (TBC) OWNERSHIP TYPE Long-term leasehold opportunity with approximately 27 years ± remaining on the land lease. (Lower acquisition basis relative to comparable freehold properties.)

FOR SALE DETAILS

PRICE

$2,599,000 CAD

PRICE/SF

$150 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Day Care Center, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

CG

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Thomas BraunRoyal Park RealtyMore Info
587-855-1185

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Thomas BraunRoyal Park RealtyMore Info
587-855-1185

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