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10584 107th St NW 11,200 SF Office Building Edmonton, AB T5H 2Y6 $3,600,000 CAD ($321.43 CAD/SF) 6.80% Cap Rate
Executive Summary
-MAJORITY OF BUILDING LEASED TO A SINGLE, LONG-TERM TENANT
-Close to MacEwan University, Rogers Place & downtown amenities
-Excellent investment opportunity with long term lease in place with well above market rates
-Main floor consists of open retail, office & warehouse space
-Updated & meticulously maintained building
-Security cameras throughout
-Surface parking available + ample street parking in the immediate area
-Close to MacEwan University, Rogers Place & downtown amenities
-Excellent investment opportunity with long term lease in place with well above market rates
-Main floor consists of open retail, office & warehouse space
-Updated & meticulously maintained building
-Security cameras throughout
-Surface parking available + ample street parking in the immediate area
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
11,200 SF
Building Class
C
Year Built
1969
Price
$3,600,000 CAD
Price Per SF
$321.43 CAD
Cap Rate
6.80%
NOI
$244,800 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,720 SF
Building FAR
1.51
Lot Size
0.17 AC
Zoning
DC1
Parking
7 Spaces (0.61 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Smoke Detector
1 1
Very walkable
80/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
70/100
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10584 107th St NW
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