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Connect Centre 10308 103 St NW 113,776 SF 100% Leased 5-Star Retail Building Edmonton, AB T5J 0Y9 For Sale



INVESTMENT HIGHLIGHTS
- Unique densification opportunity
- Unrivalled Connectivity and Pedestrian Traffic
- Centrally located in a high-growth node
- Prime Centre-Ice location in ICE district
EXECUTIVE SUMMARY
Connect Centre is a rare opportunity for investors to acquire a 113,776 square foot grocery-anchored retail podium. Featuring an incomparable tenancy profile, strong local and national tenants include: Loblaws, CIBC, National Bank, Edmonton Oilers, Real Canadian Liquorstore, and The Canadian Brewhouse. The Property features a diverse cash flow profile secured by strong covenant tenants that average a weighted lease term of 12 years, with contractual rental escalations. Loblaws accounts for 18% of revenues, while CIBC and National Bank represent each 29% and 11%, assuring a future owner of secure and long-term income security backed by investment grade tenants. The balance of the tenancy profile includes the corporately owned The Canadian Brewhouse (27%), Edmonton Oilers (12%), and Plantlife Cannabis (3%).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
113,776 SF
Building Class
A
LoopNet Rating
5 Star
Year Built
2022
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.23
Lot Size
2.13 AC
Zoning
AED - Arena and Entertainment Zone
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (87)
Bike Score®
Biker's Paradise (92)
NEARBY MAJOR RETAILERS
1 of 8
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Connect Centre | 10308 103 St NW
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