Marcus & Millichap's Western Canada NNN Group is pleased to present 6510 Gateway Boulevard NW & 10360 65 Avenue NW, Edmonton, Alberta (the "Subject Property"), a 39,879 SF, two-building retail offering on a 2.89-acre site, 100% leased to national tenants Staples Canada ULC and Mark's Work Wearhouse Ltd. on triple-net (NNN) leases.
Positioned along the Gateway Boulevard and Calgary Trail corridor in south Edmonton, the Subject Property benefits from exposure to over 62,500 VPD and is shadow-anchored by Home Depot within one of the city's most established large-format retail nodes. Staples occupies its building under a lease running to August 2034 with contractual rent escalations, while Mark's, a subsidiary of Canadian Tire Corporation, Limited (TSX: CTC.A), occupies the adjacent building to August 2030. With both tenants in place since 1999 and 2005 respectively, and each responsible for its own building and site, the offering delivers a secure, fully national income stream in a core Edmonton location.