1/510216 124 Street, Edmonton
10216 124 Street, Edmonton, AB T5N4A3
Price on request
—
Asset Class
Office
Size
—
Building class
A
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
85%
Year Built
1983
Lot Size
0.9945118250688706 ac
About this property
Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. Plaza 124 is a Class A office building located in the best of one of Edmontons most vibrant neighbourhoods, offering a balance of business and lifestyle with a wide range of tenant-focused amenities. Asking rent 16-18 PSF. Plaza 124 offers tenants a pet friendly environment, along with access to an on-site fitness facility and secure bike storage to promote a healthy work-life balance. Businesses benefit from exterior pylon signage opportunities, professional property management, and on-site security. The surrounding area provides easy access to the river valley, convenient public transit options - including the future Valley Line - and an array of nearby dining, shopping and services. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$70K
Annual cash flow
$-13K
Cash-on-cash
-2.97%
DSCR
0.84
Going-in cap
4.65%
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
89,725
Households
40,049
Median income
$94,500
Median age
44.4
Daytime population
89,694
5-yr growth
8.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 10216 124 Street, 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.