12654 Fort Rd Nw Edmonton, Alberta T5C 3C1
$1,365,000
Turn Key! Net Cap Rate of Approx 7 % Excellent Visual Exposure - One of 2 tenants Long Term triple A + Major Box store retail client - Super Income of $91,500 net per year incl 3% collection loss n/a in reality. One floor building approx 5457 sq ft in excellent condition, paved parking 14 vehicles plus. Super high vis corner location - roads, sidewalks etc recently re done, very nice curb appeal, setting to match. The property has a large lot of 13,551 sq ft - potential of great multi re development making for a muti investment, cash now, plus future re development, adjacent lands potentially available. New roads, sidewalks, Yelowwhead Trail Upgrade, Fort Road rejuvenation have brought many new builds, multi units, services such as athletic centers presently under construction. LRT is close, high visual traffic flow and surrounding community make Major Box Store retail etc very desired, successful. Tenants leases till 2028 with longer options to renew. Low Mainteance Investment - A GREAT INVESTMENT (id:46923)
Business
| BusinessType | Other |
| BusinessSubType | See remarks |
Property Details
| MLS® Number | E4410449 |
| Property Type | Retail |
| Neigbourhood | Balwin |
| CommunityFeatures | High Traffic Area |
| Features | Corner Site, See Remarks, Visual Exposure, Flat Site, Level |
| ParkingSpaceTotal | 14 |
Building
| Amenities | Ceiling - 9ft |
| ConstructedDate | 1976 |
| SizeInterior | 5457 Sqft |
Land
| Acreage | No |
https://www.realtor.ca/real-estate/27544389/12654-fort-rd-nw-edmonton-balwin
Interested?
Contact us for more information
Julian P. Szklarz
Associate
201-10114 156 St Nw
Edmonton, Alberta T5P 2P9
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October 21 2024 04:40:21
REALTORS® Association of Edmonton
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