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12220 118 Av 13,090 SF 58% Leased Retail Building Edmonton, AB T5L 0G7 $3,500,000 CAD ($267.38 CAD/SF) 6.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Strategic Location: Excellent exposure along 118 Avenue with easy access to major routes and downtown Edmonton.
- High-Traffic Corridor: Prominent frontage ensures strong visibility and customer reach.
- Flexible Space: Suitable for retail, office, or light industrial uses in a well-connected commercial area.
EXECUTIVE SUMMARY
FOR SALE: Premier HIGH EXPOSURE Retail Building in Prime Edmonton Location - 3 minutes from Downtown
Here’s your opportunity to own a top-tier retail/office property surrounded by thriving businesses like McDonald’s, St. John Ambulance, and other bustling retail destinations. This property offers unmatched exposure and accessibility, perfect for attracting high-quality tenants and customers.
Property Highlights:
12,000 sq. ft. of Leasable Space: ( 65% leased )
Main floor with premium retail units designed to drive foot traffic.
Over 5,500 sq. ft. of second-floor adaptable space ideal for offices, gym, restaurants, clinics, accounting firms, or law offices.
Additional Income info:
A leased outdoor digital billboard generates extra revenue.
Secure 10-year leases on main floor units ensure reliable returns and a strong ROI.
Ample Parking and Superior Accessibility:
Convenient parking options at the rear and on the street make this property attractive to tenants and their customers.
Unbeatable Location:
Just minutes from downtown Edmonton and the transformative Blatchford development, this building combines visibility, convenience, and proximity to Edmonton’s fastest-growing areas.
Investment Potential:
This is your chance to own a rare, high-demand property with secure income streams and endless potential for future growth.
Act Now! Opportunities like this don’t last long.
For more information, contact Ben Yovel, EXP Real Estate at 780-885-1919 or email us.
Don’t miss out—make this exceptional property yours today!
Here’s your opportunity to own a top-tier retail/office property surrounded by thriving businesses like McDonald’s, St. John Ambulance, and other bustling retail destinations. This property offers unmatched exposure and accessibility, perfect for attracting high-quality tenants and customers.
Property Highlights:
12,000 sq. ft. of Leasable Space: ( 65% leased )
Main floor with premium retail units designed to drive foot traffic.
Over 5,500 sq. ft. of second-floor adaptable space ideal for offices, gym, restaurants, clinics, accounting firms, or law offices.
Additional Income info:
A leased outdoor digital billboard generates extra revenue.
Secure 10-year leases on main floor units ensure reliable returns and a strong ROI.
Ample Parking and Superior Accessibility:
Convenient parking options at the rear and on the street make this property attractive to tenants and their customers.
Unbeatable Location:
Just minutes from downtown Edmonton and the transformative Blatchford development, this building combines visibility, convenience, and proximity to Edmonton’s fastest-growing areas.
Investment Potential:
This is your chance to own a rare, high-demand property with secure income streams and endless potential for future growth.
Act Now! Opportunities like this don’t last long.
For more information, contact Ben Yovel, EXP Real Estate at 780-885-1919 or email us.
Don’t miss out—make this exceptional property yours today!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
13,090 SF
Building Class
B
Year Built
2023
Price
$3,500,000 CAD
Price Per SF
$267.38 CAD
Cap Rate
6.35%
NOI
$222,225 CAD
Percent Leased
58%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.88
Lot Size
0.34 AC
Zoning
CB-1 - CB1
Parking
18 Spaces (1.38 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Day Care
- Educational Services
- 3,700 SF
- -
- Oct 2035
- Dental Clinic
- Services
- -
- -
- Oct 2036
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Day Care | Educational Services | 3,700 SF | - | Oct 2035 | ||
| Dental Clinic | Services | - | - | Oct 2036 |
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
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12220 118 Av
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