For Sale · Office

Edmonton

Edmonton, AB T5H2Z8

Price on request

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Asset Class

Office

Size

—

Building class

A

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

91%

Year Built

1973

Lot Size

0.45999999999999996 ac

About this property

Situated steps from MacEwan University in the Central McDougall neighbourhood, 10539 - 108 Street NW offers flexible, demisable space within an established urban complex. Previously home to uses ranging from professional offices to a dance studio, the building readily accommodates office, studio, personal-service, and commercial-school concepts. The property offers easy accessibility, on-site surface parking, and is within walking distance of the Metro Line LRT, making it convenient for both staff and clients. Positioned in a vibrant inner-city area surrounded by numerous restaurants, cafes, and amenities, the building enjoys consistent daytime traffic and a strong neighbourhood draw. With both developed and base building options available, and flexible demising starting from 916 SF, this property presents an excellent opportunity for a wide range of businesses seeking a well-located presence in central Edmonton. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

77,979

Households

30,140

Median income

$63,000

Median age

37.4

Daytime population

96,702

5-yr growth

3.3%

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.