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Paramount 10233 Jasper Ave NW 30,231 SF 100% Leased Retail Building Edmonton, AB T5J 1X9 For Sale
Investment Highlights
- HIGH-EXPOSURE DOWNTOWN EDMONTON LOCATION
- Receivership sale
Executive Summary
On behalf of MNP Ltd., in its capacity as the Court Appointed Receiver, Jones Lang
LaSalle Real Estate Services, Inc. (“JLL” or the “Advisor”) is pleased to offer for sale a
100% freehold interest in 10233, 10247, 10275, and 10279 Jasper Ave (the “Paramount
Block”, the “Property”, or the “Site”) a ±27,964 square foot (“SF”) redevelopment site
that commands a prime, high-exposure corner in Downtown Edmonton.
The Property is being offered to the market as-is, where-is on an unpriced basis. The
Site is available to prospective purchasers free and clear of any financial encumbrances.
No offer, regardless of form or content, will create any binding legal obligation upon
the Vendor or the Advisor until fully executed by the Vendor and Purchaser. Please sign
and return the Confidentiality Agreement (“CA”) for JLL Data Room Access. All Offers
to Purchase will require a Court approved Schedule “A” to the Offer to Purchase and
must be subject to Court Approval.
LaSalle Real Estate Services, Inc. (“JLL” or the “Advisor”) is pleased to offer for sale a
100% freehold interest in 10233, 10247, 10275, and 10279 Jasper Ave (the “Paramount
Block”, the “Property”, or the “Site”) a ±27,964 square foot (“SF”) redevelopment site
that commands a prime, high-exposure corner in Downtown Edmonton.
The Property is being offered to the market as-is, where-is on an unpriced basis. The
Site is available to prospective purchasers free and clear of any financial encumbrances.
No offer, regardless of form or content, will create any binding legal obligation upon
the Vendor or the Advisor until fully executed by the Vendor and Purchaser. Please sign
and return the Confidentiality Agreement (“CA”) for JLL Data Room Access. All Offers
to Purchase will require a Court approved Schedule “A” to the Offer to Purchase and
must be subject to Court Approval.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Movie Theatre
Building Size
30,231 SF
Building Class
C
Year Built
1952
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
23.13
Lot Size
0.03 AC
Zoning
CCA
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (87)
Bike Score®
Biker's Paradise (91)
Nearby Major Retailers
1 of 4
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Paramount | 10233 Jasper Ave NW
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