For Sale · Retail

Fort Saskatchewan

Fort Saskatchewan, AB T8L0Y1

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

100%

Lot Size

0.5 ac

About this property

Sable Realty is proud to present Galaxy Plaza, an exceptional new Class A retail development by Golden Galaxy Developments, strategically located at 202 Greenfield Link in Fort Saskatchewan. This high-exposure project will deliver approximately 10,173 SF of modern commercial space designed to accommodate a diverse mix of retail, service, professional, and food-oriented users. The development is thoughtfully planned to serve both established neighbourhoods and expanding residential communities, offering flexible unit configurations suitable for a wide range of uses.Situated on a ±0.50-acre site with strong frontage and visibility, Galaxy Plaza benefits from consistent local and commuter traffic and convenient access to key arterial roadways connecting Fort Saskatchewan to the greater Edmonton region. As the community continues to experience sustained population growth and increasing demand for everyday retail and essential services, Galaxy Plaza represents an excellent opportunity for businesses to establish a long-term presence within one of the Capital Regions fastest-growing and most dynamic trade areas. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

74,130

Households

28,030

Median income

$69,500

Median age

38.9

Daytime population

106,253

5-yr growth

2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for Fort Saskatchewan.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.