For Sale · Retail

Edmonton

Edmonton, AB T6J6Y6

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

86%

Lot Size

4.4139473255280075 ac

About this property

Summer Breeze Shopping Centre benefits from high exposure along Calgary Trail (southbound) and Whitemud Drive, with strong daily traffic counts. Located in a major retail corridor and anchored by national tenants including Lordco Auto Parts, Sleep Country, A&W, Sherwin-Williams and more, it is an ideal location for a restaurant, veterinary clinic, personal services, professional offices, or general retail. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

107,519

Households

51,091

Median income

$130,500

Median age

38

Daytime population

102,708

5-yr growth

7.4%

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

Secure deal room

Confidential diligence documents for Edmonton.

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.