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
