5036 106 Ave NW - Storefront FOR SALE


Edmonton, AB T6A 1E9- South
$6,260,000 CAD
780-909-5646
5036 106 Ave NW, Edmonton, AB for Sale
$6,260,000 CAD
Storefront - FOR SALE
1/7
null | 5.75% Cap Rate

5036 106 Ave NW
Edmonton, AB T6A 1E9
South


HIGHLIGHTS

  • Rare opportunity for professional/retail users to secure an incoming producing asset.
  • Prime corner site 106 Avenue and 50 Street with exposure to 33,600 vehicles per day with easy access to Wayne Gretzky Drive and Sherwood Park Freeway.

OVERVIEW

A unique multi-tenant investment prominently positioned along the high-traffic 106 Avenue and 50 Street commercial axis, the property benefits from strong visibility and accessibility within the well-established Capilano community. The centre is anchored by popular Catch of the Week grocery store with a complimentary mix of community servicing retail tenancies currently reporting a Net Operating Income of $360,000 per year. Available immediately.

FOR SALE DETAILS

PRICE

$6,260,000 CAD

PRICE/SF

$287 CAD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gold Bar Shopping Centre

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,169 SF

ZONING

CNC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Vincenzo CaputoNAI CommercialMore Info
780-909-5646

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Vincenzo CaputoNAI CommercialMore Info
780-909-5646

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