For Lease · Industrial

Edmonton

Edmonton, AB T5L4S9

Price on request

—

Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

95%

Year Built

1977

Lot Size

0 ac

Clear height

29 ft

Loading docks

10

About this property

Westbay Plaza, 14603 134 Avenue NW, Edmonton, Alberta2,348 SF flexible office unit available for lease in Westbay Plaza, a multi-tenant professional building located within an established Northwest Edmonton business corridor. The unit includes 4 private offices. The property fronts onto 134 Avenue with convenient access to 156 Street, Yellowhead Trail, and St. Albert Trail, providing strong accessibility and efficient connectivity to major arterial routes for staff and visitors.The building maintains a stable, diversified tenant mix supporting consistent daytime activity. Business Employment (BE) zoning permits a broad range of uses, including professional offices, administrative users, medical and allied health services, non-profit organizations, and service-oriented businesses. Base Rent is $8.00 PSF with Additional Rent estimated at $8.50 PSF (2026 Estimate). Possession is available January 15, 2027.Legal Description: Plan 7621570 Blk 11 Lot 6,9. Zoning: Business Employment. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

141,088

Households

66,004

Median income

$81,000

Median age

43.9

Daytime population

196,701

5-yr growth

3.1%

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.