Edmonton, Alberta, T6X0X2



$1,398,800
Edmonton
This retail property in Edmonton is for sale offering roughly 2,503 sq ft of space. It has been on the market 5 days, fresher than the Edmonton average of 62 days.
Fully leased retail investment offered at an approximately 6% cap rate in South Edmonton. Offered together, these two retail condominium properties comprise approximately 2,503 sq. ft.: 1035 Parsons Road SW offers approximately 1,174 sq. ft., and 1039 Parsons Road SW offers approximately 1,329 sq. ft. Occupied by an Indian restaurant and a pizza restaurant under long-term net leases, the offering features in-place rental income, scheduled contractual rent increases, and tenant renewal options. Sale includes real estate only; tenant businesses are excluded. Buyer to assume existing tenancies and leases, including the landlord’s obligations thereunder. Cap rate is based on the asking price and stated net operating income, subject to buyer verification. (id:66096)
Just listed: 5 days on market, against an average age of 62 days across the listings currently for sale in this city
This retail in Edmonton has been listed for 5 days, which is 57 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →