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Plaza West 17704 103rd Ave NW 37,421 SF 100% Leased Office Building Edmonton, AB T5S 1J9 $5,900,000 CAD ($157.67 CAD/SF)
INVESTMENT HIGHLIGHTS
- 97.7% occupied.
- Attractive location with Easy Access and Nearby Amenities.
- Superior Quality Office Space.
EXECUTIVE SUMMARY
Plaza West is a 37,421 SF office asset in the prominent business district of west Edmonton. The Property is 97.7% occupied with a weighted average lease term of 4.6 years. The anchor tenant is NFP Canada, an Aon company, is a multinational insurance brokerage, who account for 71.6% of the rent. Located at the corner of 178 Street and 103 Avenue, Plaza West is quickly accessible from Yellowhead Trail, Stony Plain Road, and Anthony Henday Drive. Tenants of the Property benefit from close proximity to public transit and a variety of amenities such as restaurants, coffee shops and retail shopping centres including Terra Losa Shopping Centre and West Edmonton Mall. Plaza West is being offered with no set bid date for the time being. Offers will be considered as they are received. For more information, please reach out to a member of the advisory team.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Office
Building Size
37,421 SF
Building Class
B
Year Built
1980
Price
$5,900,000 CAD
Price Per SF
$157.67 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,281 SF
Slab To Slab
10’
Building FAR
0.51
Lot Size
1.67 AC
Zoning
IB - Business Industrial
Parking
90 Spaces (2.46 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Smoke Detector
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Plaza West | 17704 103rd Ave NW
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