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12220 118 Av 13,090 sq ft 58% Let Retail Property Edmonton, AB T5L 0G7 £1,899,633 (£145.12/sq ft) 6.35% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Strategic Location: Excellent exposure along 118 Avenue with easy access to major routes and downtown Edmonton.
- High-Traffic Corridor: Prominent frontage ensures strong visibility and customer reach.
- Flexible Space: Suitable for retail, office, or light industrial uses in a well-connected commercial area.
EXECUTIVE SUMMARY
FOR SALE: Premier HIGH EXPOSURE Retail Building in Prime Edmonton Location - 3 minutes from Downtown
Here’s your opportunity to own a top-tier retail/office property surrounded by thriving businesses like McDonald’s, St. John Ambulance, and other bustling retail destinations. This property offers unmatched exposure and accessibility, perfect for attracting high-quality tenants and customers.
Property Highlights:
12,000 sq. ft. of Leasable Space: ( 65% leased )
Main floor with premium retail units designed to drive foot traffic.
Over 5,500 sq. ft. of second-floor adaptable space ideal for offices, gym, restaurants, clinics, accounting firms, or law offices.
Additional Income info:
A leased outdoor digital billboard generates extra revenue.
Secure 10-year leases on main floor units ensure reliable returns and a strong ROI.
Ample Parking and Superior Accessibility:
Convenient parking options at the rear and on the street make this property attractive to tenants and their customers.
Unbeatable Location:
Just minutes from downtown Edmonton and the transformative Blatchford development, this building combines visibility, convenience, and proximity to Edmonton’s fastest-growing areas.
Investment Potential:
This is your chance to own a rare, high-demand property with secure income streams and endless potential for future growth.
Act Now! Opportunities like this don’t last long.
For more information, contact Ben Yovel, EXP Real Estate at 780-885-1919 or email us.
Don’t miss out—make this exceptional property yours today!
Here’s your opportunity to own a top-tier retail/office property surrounded by thriving businesses like McDonald’s, St. John Ambulance, and other bustling retail destinations. This property offers unmatched exposure and accessibility, perfect for attracting high-quality tenants and customers.
Property Highlights:
12,000 sq. ft. of Leasable Space: ( 65% leased )
Main floor with premium retail units designed to drive foot traffic.
Over 5,500 sq. ft. of second-floor adaptable space ideal for offices, gym, restaurants, clinics, accounting firms, or law offices.
Additional Income info:
A leased outdoor digital billboard generates extra revenue.
Secure 10-year leases on main floor units ensure reliable returns and a strong ROI.
Ample Parking and Superior Accessibility:
Convenient parking options at the rear and on the street make this property attractive to tenants and their customers.
Unbeatable Location:
Just minutes from downtown Edmonton and the transformative Blatchford development, this building combines visibility, convenience, and proximity to Edmonton’s fastest-growing areas.
Investment Potential:
This is your chance to own a rare, high-demand property with secure income streams and endless potential for future growth.
Act Now! Opportunities like this don’t last long.
For more information, contact Ben Yovel, EXP Real Estate at 780-885-1919 or email us.
Don’t miss out—make this exceptional property yours today!
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Property Size
13,090 sq ft
Costar Property Class
B
Year Built
2023
Price
£1,899,633
Price per sq ft
£145.12
Yield
6.35%
NOI
£120,613
Occupancy Rate
58%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.88
Total Plot Size
0.34 ac
Use Class
CB-1 - CB1
Parking
18 Spaces (1.38 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- Day Care
- Educational Services
- 3,700 sq ft
- -
- Oct 2035
- Dental Clinic
- Service type
- -
- -
- Oct 2036
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| Day Care | Educational Services | 3,700 sq ft | - | Oct 2035 | ||
| Dental Clinic | Service type | - | - | Oct 2036 |
Walk Score®
Easily Walkable (84)
NEARBY MAJOR RETAILERS
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12220 118 Av
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