1/21Edmonton
Edmonton, AB T5Z2W7
Price on request
—
Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
83%
Year Built
1988
Lot Size
1.5 ac
About this property
Turnkey Restaurant Space - 3,200 SF - North Edmonton3,200 SF fully built-out restaurant unit at Royal Centre Lake District, 91 Street just north of 167 Avenue in Lago Lindo. All existing kitchen equipment and fixtures are included, so an operator can open without the cost and timeline of a full restaurant build-out. Immediate possession.The site sits at a signalized corner with an Esso/Circle K on the pad. 167 Avenue carries approximately 28,100 vehicles per day, and theres direct access to 97 Street and Anthony Henday Drive. Parking is directly in front of the unit. Eaux Claires Shopping Centre is minutes away, anchored by Save-On-Foods, Canadian Tire, Shoppers Drug Mart and Dollarama.Trade area (3 km): 87,000 population, 29,000 households, $108,000 average household income, and an estimated $2.57B in annual consumer spending. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$67K
Annual cash flow
$-16K
Cash-on-cash
-3.54%
DSCR
0.81
Going-in cap
4.48%
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
71,049
Households
31,948
Median income
$79,500
Median age
38.5
Daytime population
110,541
5-yr growth
8.6%
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.