Edmonton retail warehouse sells for full $3.45M list price

Building is fully leased and has 26,874 square feet of retail, office and warehouse space

By
for Western Investor
January 14, 2020





DD Edmonton retail warehouse

A fully leased, 26,874-square-foot, single-tenant building with retail, office and warehouse space in Edmonton sold for the asking price of $3.45 million.

Breakdown:

Property type: Retail with office and warehouse space

Location: 12505 97Street and 9607 125A Avenue NW (corner lot), Edmonton

Number of units: 1

Property size: 26,874 square feet

Land size: 1.37 acres

Zoning: CB2 (General Business Zone)

Capitalization rate: 7%

List price: $3.45 million

Sale price: $3.45 million

Brokerage: Re/Max Excellence Commercial Division, Edmonton

Broker: Dale James


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