12803 56th St NW - Service FOR SALE


Edmonton, AB T5A 0C9- North
$1,350,000 CAD
780-328-2559
12803 56th St NW, Edmonton, AB for Sale
$1,350,000 CAD
Service - FOR SALE
1/4
null | 7.62% Cap Rate

12803 56th St NW
Edmonton, AB T5A 0C9
North


HIGHLIGHTS

  • 100% leased multi-tenant industrial property
  • Long tenant tenure and near term lease expiries allow for near term upside
  • Three bays are equipped with drive-thru bay doors
  • Three long standing tenants providing ease of management

OVERVIEW

JLL as selling agents are pleased to bring to market the Multi-Tenant Industrial Building located at 12803 56 Street, Edmonton, AB. This presents a unique opportunity to acquire a small-bay industrial asset in Northeast Edmonton, a region known for its robust industrial activity. The property is strategically positioned for capital appreciation and steady income, being fully leased with 100% occupancy and long-standing tenants. This provides investors with a compelling value-add investment, particularly given the imminent lease expirations offering potential upside. The building comprises 10,000 SF on a 0.34-acre site with IM medium industrial zoning. Constructed in 1973, the masonry structure supports 3-phase 208 Volt power and includes grade loading across 8 drive-thru bay doors. With a ceiling height of 21', it caters effectively to industrial tenants. The asset is currently held under judicial sale, with taxes estimated at $40,621 for 2026 and a sale price of $1,350,000, yielding a 7.62% cap rate. Positioned just minutes from Yellowhead Trail and Anthony Henday Drive, the property offers exceptional connectivity, reinforcing its attractiveness amid Edmonton's extensive industrial quarter. The proximity to major transport corridors aligns with growing demand for well-located industrial spaces, benefitting from Edmonton's economic dynamism. Offers will be addressed as received, subject to approval by the Court of King's Bench of Alberta.

FOR SALE DETAILS

PRICE

$1,350,000 CAD

PRICE/SF

$134 CAD /SF

CAP RATE

7.62%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

IM

APN/PARCEL ID

6555304

ASK ABOUT THIS PROPERTY

780-328-2559

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780-328-2559

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