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Medical Tenanted Building 12418 118th Ave NW 4,844 SF 100% Leased Retail Building Edmonton, AB T5L 2K4 $975,000 CAD ($201.28 CAD/SF)
Executive Summary
The Opportunity: ± 4,844 square foot two-storey building situated on a 0.09 acre lot with stable, long-term tenants in place.
Prime Location: High visibility on 118 Avenue and 124 Street, with over 30,000 vehicles per day travelling by this property.
Medical Focused: Currently leased to a Pharmacy and a Doctor, with the upside of leasing the 1,400 square foot second floor.
Easily Accessible: Six surface stalls for tenants at rear of building and ample free street parking on 118 Avenue in front.
Prime Location: High visibility on 118 Avenue and 124 Street, with over 30,000 vehicles per day travelling by this property.
Medical Focused: Currently leased to a Pharmacy and a Doctor, with the upside of leasing the 1,400 square foot second floor.
Easily Accessible: Six surface stalls for tenants at rear of building and ample free street parking on 118 Avenue in front.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,844 SF
Building Class
C
Year Built
1988
Price
$975,000 CAD
Price Per SF
$201.28 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.20
Lot Size
0.09 AC
Zoning
MU - Mixed Use Zone
Parking
6 Spaces (1.24 Spaces per 1,000 SF Leased)
Frontage
31’ on 118th Avenue
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 3
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Medical Tenanted Building | 12418 118th Ave NW
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