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10219 100th Ave 48,460 sq ft 100% Let Retail Property Morinville, AB T8R 1R9 £1,221,192 (£25.20/sq ft) 8% Net Initial Yield

10219 100th Ave, Morinville, AB T8R 1R9

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EXECUTIVE SUMMARY

Prime mixed-use property in Morinville Alberta. Five retail units on main floor consisting of 11,115 SF, which are fully leased, eight residential units above and 48 mini storage units. The old hotel extending off the back of the building has been removed. The vacant land parcels behind the building, included in the sale, allows for new development.

ATTACHMENTS

Morinville Plaza - Brochure - Dec 2024

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Excess Land
Property Type
Retail
Property Subtype
Shopfront
Property Size
48,460 sq ft
Costar Property Class
C
Year Built
1972
Price
£1,221,192
Price per sq ft
£25.20
Yield
8%
NOI
£97,695
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.62
Total Plot Size
1.79 ac
Use Class
C1 - Primary Commercial
Parking
60 Spaces (1.41 Spaces per 1,000 sq ft Leased)
Frontage
181 ft on 100th Avenue

AMENITIES

  • Corner Lot

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE TYPE
  • LEASE END
  • Asian Garden Chinese Restaurant
  • -
  • 99,999 SF
  • -
  • -
  • -
  • Celltech
  • -
  • 99,999 SF
  • -
  • -
  • -
  • Mornville Pizza
  • -
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • Smartway Daycare Brokerage
  • Service type
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Uncle Sam's Cannabis
  • -
  • 99,999 SF
  • -
  • -
  • -
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE TYPE LEASE END
Asian Garden Chinese Restaurant - 99,999 SF - - -
Celltech - 99,999 SF - - -
Mornville Pizza - 99,999 SF - Lorem Ipsum Jan 0000
Smartway Daycare Brokerage Service type 99,999 SF $9.99 Lorem Ipsum Jan 0000
Uncle Sam's Cannabis - 99,999 SF - - -
1 1
Walk Score®
Easily Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
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, Transit Score® & Bike Score?
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a location is. Transit Score®
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Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Sobeys
RBC Royal Bank
Scotiabank
CrossFit
No Frills
(587) 414-6381

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Contact the agent for more information about this property

CONTACT

  • Alan Durston
    Alan Durston

  • Listing ID: 33386631

  • Date on Market: 02/10/2024

  • Last Updated:

  • Address: 10219 100th Ave, Morinville, AB T8R 1R9

The Retail Property at 10219 100th Ave, Morinville, AB T8R 1R9 is currently available for Sale. Contact Durston Properties for more information.

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10219 100th Ave
(587) 414-6381 x

10219 100th Ave

Alan Durston
(587) 414-6381

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