1/1970, 585 St. Albert Trail, St. Albert
70, 585 St. Albert Trail, St. Albert, AB T8N6G5
$930,000 per sq ft / yr
—
Asset Class
Retail
Size
—
Building class
A
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
98%
Year Built
2008
Lot Size
0 ac
About this property
An exceptional opportunity to acquire or lease a prominent ±2,175 SF corner retail bay with direct St. Albert Trail exposure in Inglewood. This versatile open-floor space features mixed wood flooring, blue accent walls, a service counter, and large windows, making it well suited for retail, service, or professional use. Approximately 1,768 SF is available immediately, while ±407 SF is leased through May 2028, providing near-term income for an investor or owner-user. Located on the main level of a 124-unit residential condominium building with high daily traffic, a covered walkway, and on-site parking. Zoning is CC (Corridor Commercial). Offered for sale at $930,000 or for lease at $23/SF net, with operating costs estimated at $17/SF (2026, TBC). Possession is immediate. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$54K
Annual cash flow
$2K
Cash-on-cash
0.74%
DSCR
1.04
Going-in cap
5.76%
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
79,593
Households
33,021
Median income
$93,500
Median age
31.5
Daytime population
122,477
5-yr growth
3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 70, 585 St. Albert Trail, St. Albert.
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.