For Sale · Office

Edmonton

Edmonton, AB T5H3T5

$875,000 total

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Asset Class

Office

Size

—

Building class

C

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

99%

Year Built

2006

Lot Size

0.023 ac

About this property

Situated directly along Jasper Avenue in Edmontons established inner-city corridor, 9340 Jasper Avenue NW presents a rare opportunity to acquire a professional retail/office condominium totalling 3,174 Sq. Ft. (+/–) of fully built-out, move-in-ready space. The unit features seven (7) private offices, a kitchen, a full bathroom, two hallways, a reception/foyer, and multiple flex rooms — offering an exceptional combination of structured workspace and adaptable multi-use square footage.Zoned MU h23 f3 cf, the property supports a wide range of commercial uses including professional services, medical and wellness, financial services, education, and convenience retail. With designated and scramble parking on-site and traffic along this section of Jasper Avenue exceeding 18,000 vehicles per day, the property offers outstanding visibility and accessibility in a mature, high-demand urban corridor. Immediate possession available. (id:66811)

Financial sandbox

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Estimate
Purchase price$875K
Down payment30% · $263K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$66K

Annual cash flow

$17K

Cash-on-cash

6.49%

DSCR

1.35

Going-in cap

7.49%

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

83,855

Households

32,039

Median income

$94,500

Median age

45.9

Daytime population

86,218

5-yr growth

8.6%

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.