



1/58122 Gateway Boulevard, Edmonton, AB T6E4B1
Price on request
—
Asset Class
Hospitality
Size
—
Building class
A
Zoning
CHY — Highway Corridor
$ / SF
—
Occupancy
91%
Year Built
1952
Lot Size
0 ac
For Lease: 3,836 sq.ft - Restaurant (main) & 1,075 sq.ft. Roof Patio (both to be built-out). Join the most popular bar corridor on Gateway Blvd in Edmonton! Highly visible, sought after location in the Old Strathcona district. Location has instant access to many customers (foot traffic) when you open. Front entrance faces Gateway Blvd which is one of the main roads into downtown Edmonton. Approx 65,000 cars per day drive by this location. Across the street is Station Park. Following bars are a short walk to this location, incl Hudsons, MKT, Cook County, On Edge Brewing, Blues on Whyte, Leopolds. Location is suitable for a restaurant, bar, bakery, etc. DC1 zoning, retail use; 300A electrical, single phase (can be upgraded to 3 phase), new electrical wiring throughout; New plumbing, sewer lines; Commercial HVAC with air conditioning; Utilities separately metered & paid by the tenant; Wheelchair access thru rear; On premise parking not available; 4 existing bathrooms; Seeking NNN lease; Low occupancy costs;Site Influences: High Traffic Area, Back LaneLease Operating Costs Included: Triple Net (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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.
Trade area within 3 miles of the property.
Population
103,647
Households
38,434
Median income
$67,500
Median age
41.2
Daytime population
128,647
5-yr growth
2.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 8122 Gateway Boulevard, 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.