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8402 109 St NW 15,627 sq ft 100% Let Retail Property Edmonton, AB T6G 1E2 £4,781,202 (£305.96/sq ft) 5.98% Net Initial Yield
INVESTMENT HIGHLIGHTS
- High traffic exposure on 109 Street NW, near University of Alberta
- Long Term Triple Net Leases with rent escalations
EXECUTIVE SUMMARY
109 GARNEAU PROFESSIONAL BUILDING for sale. For price, contact listing agent. Net Annual Income: ($525,920)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
15,627 sq ft
Costar Property Class
B
Year Built/Renovated
1987/2018
Price
£4,781,202
Price per sq ft
£305.96
Yield
5.98%
NOI
£285,742
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Floor To Floor Height
10 ft
Plot ratio
1.05
Total Plot Size
0.34 ac
Use Class
MU - Mixed use
Parking
41 Spaces (2.62 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Bus Route
- Signage
Walk Score®
Excellent pedestrian access (98)
Transit Score®
Excellent Public Transport (71)
Bike Score®
Good for cycling (89)
NEARBY MAJOR RETAILERS
1 of 24
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8402 109 St NW
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