Business For Sale · Retail

Edmonton

Edmonton, AB T6G1E9

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

83%

Lot Size

0.3187062213039486 ac

About this property

PRIME COMMERCIAL LEASING OPPORTUNITY - UNIVERSITY AREAAn exceptional opportunity to secure a highly sought-after commercial location just minutes from the University of Alberta and close to the iconic High Level Bridge. Situated in a high-traffic area with excellent pedestrian exposure and strong foot traffic, this location offers outstanding potential for a variety of business ventures.The premises are currently operating as a turnkey business, providing an opportunity for an incoming tenant to take over the existing business and continue operations, or lease the space and establish their own concept (subject to landlord approval and lease terms).Excellent visibility, a prime location, and proximity to the university and surrounding amenities make this an opportunity worth exploring. Dont miss your chance to secure a spot in one of Edmontons desirable commercial areas!For further details, lease information, and business takeover options, please contact. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

100,883

Households

44,723

Median income

$95,000

Median age

31.6

Daytime population

107,829

5-yr growth

5.7%

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.