For Lease · Retail

923 Parsons Rd SW, Edmonton

923 Parsons Rd SW, Edmonton, AB T6X0K6

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

100%

Lot Size

7.782620117079889 ac

About this property

Main Floor commercial unit available for lease starting April 1, 2026. Unit is located in rapidly growing SW quarter of the city and in Ellerslie Industrial corridor. Strategically located along Parsons Road SW And Ellerslie Road, the property benefits from strong exposure, convenient access to major arterial routes, and proximity to surrounding residential and commercial developments. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

49,345

Households

17,172

Median income

$89,000

Median age

45.4

Daytime population

44,469

5-yr growth

6.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 923 Parsons Rd SW, 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.