5811 132 Av NW - Storefront FOR SALE


Edmonton, AB T5A 4A9- North
$5,200,000 CAD
587-415-0965
5811 132 Av NW, Edmonton, AB for Sale
$5,200,000 CAD
Storefront - FOR SALE
1/31
null | 5.34% Cap Rate

5811 132 Av NW
Edmonton, AB T5A 4A9
North


HIGHLIGHTS

  • High Visibility Retail with direct access to Major Routes including Yellowhead Trail, Manning Drive, and Anthony Henday
  • Walking distance to Belvedere LRT Station
  • Ample on-site parking

OVERVIEW

Prime Investment Opportunity: Fully Occupied Shopping Centre with Triple Net Leases We are pleased to present this exceptional opportunity to acquire a fully occupied shopping center in a highly sought-after location. This property features a strong, diverse tenant mix with long-term triple net (NNN) leases in place, providing stable and predictable income for investors. Key Highlights: Fully Occupied: All retail spaces are leased with a robust mix of established tenants. Triple Net Leases (NNN): Tenants are responsible for property taxes, insurance, and maintenance, minimizing the landlord's operational expenses. Long-Term Leases: The leases are structured to provide long-term security and consistent cash flow. Prime Location: Strategically located in a high-traffic area with excellent visibility and easy access, driving foot traffic and ensuring tenant success. Strong Demographics: The property is surrounded by a densely populated residential area, enhancing its appeal to retailers and shoppers alike. Investment-Grade Tenants: The center includes a selection of nationally recognized brands and well-established local businesses. Stable Income Stream: The combination of fully occupied spaces and NNN leases offers a predictable, low-maintenance income stream. Investment Appeal: This is a rare opportunity to acquire a stabilized, cash-flowing asset in an in-demand location. The triple net lease structure and strong tenant base make it an ideal investment for buyers seeking a passive, income-generating property with limited landlord responsibilities. For more information or to schedule a private tour, please contact us today.

FOR SALE DETAILS

PRICE

$5,200,000 CAD

PRICE/SF

$592 CAD /SF

CAP RATE

5.34%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,606 SF

ZONING

MU

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Shonik DhamijaLizotte & Associates Real Estate Inc.More Info
587-415-0965

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Shonik DhamijaLizotte & Associates Real Estate Inc.More Info
587-415-0965

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.