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Price on request
—
Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
87%
Year Built
1982
Lot Size
0 ac
Prime Whyte Avenue Leasing OpportunityExcellent leasing opportunity in the heart of Edmontons vibrant Whyte Avenue corridor. This approximately 2,400 SF commercial space offers direct exposure to Whyte Avenue, providing excellent visibility and convenient access in one of Edmontons most established and active commercial districts.The space is well suited for a variety of commercial uses and is available for immediate possession. The existing layout includes five private treatment or massage rooms, two of which feature dedicated showers, as well as two washrooms and a laundry/kitchen area.Lease Details• Approximately 2,400 SF• Direct Whyte Avenue exposure• Excellent visibility and accessibility• Five private treatment rooms• Two treatment rooms with dedicated showers• Two washrooms• Laundry/kitchen area• Immediate possession available• Existing fixtures and equipment available in as-is condition for $20,000• Base Rent: $27.00/SF• Estimated Additional Rent: $8.00/SFA highly visible opportunity for an operator looking to establish or expand a business along Whyte Avenue, surrounded by established residential communities and a wide range of retail, dining, and service amenities. (id:66811)
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Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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.
Trade area within 3 miles of the property.
Population
127,865
Households
44,159
Median income
$67,000
Median age
39.7
Daytime population
155,633
5-yr growth
4.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 8929 82 Ave NW, Edmonton.
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.