For Lease · Retail

Edmonton

Edmonton, AB T6B3V8

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

86%

Year Built

2025

Lot Size

2.9899999999999998 ac

About this property

Sable Realty is proud to present Royal Centre Fulton Creek, an exceptional new retail development by Royal Developments at 34 Street & 56 Avenue in South Edmonton. This high-exposure project will deliver over 34,000 SF of premium commercial space, anchored by strong national tenants. Building A is secured by Esso and Tim Hortons, and Building C is leased to a major daycare operator, while Building B offers 25,047 SF of flexible retail units (±938–2,000 SF) available for lease with tenant turnover anticipated in Q3 2027. Situated within the 1.8M SF Fulton Creek Business Park, the property captures more than 24,000 vehicles daily, enjoys seamless access to Whitemud Drive and Anthony Henday, and is surrounded by a rapidly expanding residential population. With demographics boasting 116,779 residents and an average household income of $115,577 within 5 km, Royal Centre Fulton Creek represents a rare opportunity for retailers, service providers, and food operators to secure a presence in one of South Edmontons fastest-growing trade areas. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

66,519

Households

26,100

Median income

$136,500

Median age

38.9

Daytime population

77,251

5-yr growth

5.6%

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.