1/22Edmonton
Edmonton, AB T5E6Y2
$1.3M total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
96%
Lot Size
4.353124325068871 ac
About this property
The Jewel of Griesbach is a General Commercial-zoned medical, retail, and professional plaza in the heart of North Edmonton, anchored by Jewel Park, a landscaped waterfall and garden gathering space. Unit 5366 (2,395 SF) and Unit 5368 (1,960 SF) are available together or individually, for sale or lease. New multi-family development is bringing thousands of new residents right to this block:Established neighbours include Jewel Medical Clinic and Pharmacy, Prime Medical Clinic, Revive RN, Glenwood Radiology, Moventics Physiotherapy, and Mokha Coffee House. The property benefits from excellent exposure on Admiral Girouard Street and 137 Avenue (roughly 29,000 vehicles per day), plus ample on-site parking. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$70K
Annual cash flow
$-3K
Cash-on-cash
-0.84%
DSCR
0.95
Going-in cap
5.29%
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
107,441
Households
41,714
Median income
$95,500
Median age
31.4
Daytime population
149,078
5-yr growth
7.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Edmonton.
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.