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Executive Summary

Prime Commercial Investment Opportunity
This exceptional 5-year-old commercial building offers a rare combination of modern construction and a high-visibility, prime location with ample parking. The property is currently 100% occupied by the three original tenants, all of whom have secured their long-term commitment by signing five-year lease extensions through 2031.
The investment provides immediate and growing returns. Currently generating $89,946.00 in annual revenue, the income is scheduled to increase to $92,691.00 starting in November 2026. Efficiency is maximized through a structure where all utilities, maintenance, and property taxes are managed as operational costs and paid directly by the tenants. At a list price of $1.8 million (plus applicable GST), this represents a stabilized cap rate of approximately 4.99%. This is an ideal acquisition for an investor seeking a turnkey, low-maintenance asset in a premium corridor with established tenancy and consistent revenue growth. Custom built by Atlas Premium Homes

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,999 SF
Building Class
B
Year Built
2020
Price
$1,800,000 CAD
Price Per SF
$450.11 CAD
Cap Rate
4.99%
NOI
$89,820 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.09 AC
Zoning
R-4 - Medium/High Density Residential
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100

Nearby Major Retailers

Sobeys
RBC Royal Bank
Scotiabank
CrossFit
No Frills
  • Listing ID: 40388937

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 10701 100 Av, Morinville, AB T8R 1A2

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