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12004 111th Ave NW 37,377 SF 97% Leased Flex Building Edmonton, AB T5G 0E6 $7,300,000 CAD ($195.31 CAD/SF) 6.57% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Established long term tenants
  • Professional and Retail service based
  • Ample paved parking for customers, tenants, and staff
  • Current rental rates provide opportunity to add value through rental increases
  • High traffic exposure along 111 Avenue, easy and convenient access in all directions
  • Professionally maintained, with significant cosmetic and structural upgrades made to plaza over the years

PROPERTY FACTS

Price $7,300,000 CAD
Price Per SF $195.31 CAD
Sale Type Investment
Cap Rate 6.57%
Property Type Flex
Property Subtype
Showroom
  • General Retail Daycare Centre
  • General Retail Storefront Retail/Office
  • General Retail Veterinarian Kennel
Building Class C
Lot Size 1.74 AC
Rentable Building Area 37,377 SF
No. Stories 1
Year Built/Renovated 1954/2015
Parking Ratio 2.63/1,000 SF
Zoning IB - Industrial Business Zone

AMENITIES

  • Storage Space
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 4,389-6,374 SF
  • Flex
  • Full Build-Out
  • Now

4,389 sq.ft. - 6,374 sq.ft. of retail space for lease on 111 Avenue. This space offers a location with high visibility, attracting over 26,400 vehicles per day. Recently renovated, the building features modern upgrades that create an atmosphere suitable for medical, professional, and retail uses. Tenants will benefit from on-site parking for clients and staff, along with easy access from 111 Avenue, and quick connections to Yellowhead Trail and Downtown Edmonton. The open-concept layout provides flexibility for various business needs, making it an ideal choice for those seeking a high-traffic, accessible location in Edmonton.

  • 1st Fl - 11116
  • 8,031 SF
  • Flex
  • -
  • Now
  • 1st Fl-Ste 12004
  • 4,389 SF
  • Office/Retail
  • Full Build-Out
  • 30 Days

Open concept space suitable for medical, professional, and retail us

  • 1st Fl-Ste 12010
  • 6,374 SF
  • Office/Retail
  • Full Build-Out
  • 30 Days

Open concept space suitable for medical, professional, and retail us

Space Size Space Use Condition Available
1st Floor 4,389-6,374 SF Flex Full Build-Out Now
1st Fl - 11116 8,031 SF Flex - Now
1st Fl-Ste 12004 4,389 SF Office/Retail Full Build-Out 30 Days
1st Fl-Ste 12010 6,374 SF Office/Retail Full Build-Out 30 Days

1st Floor

Size
4,389-6,374 SF
Space Use
Flex
Condition
Full Build-Out
Available
Now

1st Fl - 11116

Size
8,031 SF
Space Use
Flex
Condition
-
Available
Now

1st Fl-Ste 12004

Size
4,389 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste 12010

Size
6,374 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 4,389-6,374 SF
Space Use Flex
Condition Full Build-Out
Available Now

4,389 sq.ft. - 6,374 sq.ft. of retail space for lease on 111 Avenue. This space offers a location with high visibility, attracting over 26,400 vehicles per day. Recently renovated, the building features modern upgrades that create an atmosphere suitable for medical, professional, and retail uses. Tenants will benefit from on-site parking for clients and staff, along with easy access from 111 Avenue, and quick connections to Yellowhead Trail and Downtown Edmonton. The open-concept layout provides flexibility for various business needs, making it an ideal choice for those seeking a high-traffic, accessible location in Edmonton.

1st Fl-Ste 12004

Size 4,389 SF
Space Use Office/Retail
Condition Full Build-Out
Available 30 Days

Open concept space suitable for medical, professional, and retail us

1st Fl-Ste 12010

Size 6,374 SF
Space Use Office/Retail
Condition Full Build-Out
Available 30 Days

Open concept space suitable for medical, professional, and retail us

Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 25817441

  • Date on Market: 2022-05-31

  • Last Updated:

  • Address: 12004 111th Ave NW, Edmonton, AB T5G 0E6

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