For Sale · Retail

Edmonton

Edmonton, AB T6M0L9

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

87%

Year Built

2018

Lot Size

1.6600000000000001 ac

About this property

Located just one minute off Anthony Henday Drive in the desirable southwest neighbourhood of Cameron Heights, Royal Centre Cameron Heights offers 3,682 SF of high-end commercial space within an established, upscale retail centre – available on an as-is basis. The property benefits from exceptional visibility, modern architectural finishes, and ample at-door parking, making it easily accessible for both customers and staff. Positioned alongside a strong tenant mix including Liquor 4 U, Montys Pizza, Malina Bakery, a pharmacy, a barber shop, and a salon & spa, the space enjoys consistent daytime and evening traffic. The site-specific DC2 zoning supports a wide range of potential uses (excluding existing tenant categories), making this an excellent opportunity for restaurant, retail, or service-oriented businesses seeking a premium storefront in one of west Edmontons most affluent communities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

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.

Area demographics

Trade area within 3 miles of the property.

Population

135,482

Households

62,138

Median income

$92,500

Median age

41.1

Daytime population

116,336

5-yr growth

8.7%

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.