For Sale · Retail

Edmonton

Edmonton, AB T6B3R1

Price on request

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Asset Class

Retail

Size

—

Building class

C

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

84%

Year Built

2023

Lot Size

1 ac

About this property

Elite Centre on 50th is a brand-new commercial development at one of South Edmontons most prominent intersections — Roper Road and 50th Street. Newly constructed and move-in ready, units feature 12 clear ceilings, prominent fascia and pylon signage, and 70 on-site parking stalls. With immediate possession available, this is a rare opportunity to secure a brand-new space in a high-traffic, high-visibility South Edmonton location. Ideally suited for quick-service restaurants, hospitality concepts, healthcare providers, and professional services operators. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

41,729

Households

15,421

Median income

$110,000

Median age

31.6

Daytime population

38,030

5-yr growth

5.8%

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.