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10307 100th Ave

6,400 SF 100% Leased Retail Building Fort Saskatchewan, AB T8L 1Y9 $587,556 USD ($92 USD/SF) 7% Cap Rate

Retail Space Alberta Fort Saskatchewan 10307 100th Ave, Fort Saskatchewan, AB T8L 1Y9

INVESTMENT HIGHLIGHTS

  • Great investment property

EXECUTIVE SUMMARY

Looking for a great commercial property with a great return. The main floor is currently leased to Legacy Jewelers, lease expiration June 2025, current rent is $4,400. which increases to $4,500 July 1, 2024. The second floor is currently leased out to the Fort Saskatchewan Wellness Hub for youth society for $2,800. per month. this lease ends January 31, 2026. The landlord currently pays for the utilities which $10,500. Roof was done 11 years ago, Boiler is 8 years old, all the heat exchangers and air-conditioning units are 2 years old. Potential investment or owner-user opportunity.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,400 SF
Building Class
C
Year Built
1980
Price
$587,556 USD
Price Per SF
$92 USD
Cap Rate
7%
NOI
$41,129 USD
Percent Leased
100%
Building Height
2 Stories
Parking
8 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
43 FT on 100th Avenue
1 of 1
Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

TD Canada Trust
Starbucks
Tim Hortons
Royal Bank of Canada
CIBC
Snap Fitness 24/7
Herc Rentals
nofrills
(888) 861-7019

CONTACT

  • Tim Baker
    Tim Baker
  • Re/max Real Estate

  • Listing ID: 33109017

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 10307 100th Ave, Fort Saskatchewan, AB T8L 1Y9

The Retail Property at 10307 100th Ave, Fort Saskatchewan, AB T8L 1Y9 is currently available for sale. Contact Re/max Real Estate for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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10307 100th Ave
(888) 861-7019 x

10307 100th Ave

Tim Baker

(888) 861-7019

(888) 861-7019

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