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12524 118th Ave NW 4,332 SF Retail Building Edmonton, AB T5L 2K6 $529,131 USD ($122.14 USD/SF) 6.64% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully LEASED, Street Front Retail, High Traffic Location
EXECUTIVE SUMMARY
Invest in a Fully Leased Commercial Lot and Building located in a High Traffic Location.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (USD) | ANNUAL PER SF (USD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,332 SF
Building Class
C
Year Built/Renovated
1964/2015
Price
$529,131 USD
Price Per SF
$122.14 USD
Cap Rate
6.64%
NOI
$35,134 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.10 AC
Zoning
CB1 - 2.80 MU - Mixed Use Zone
To allow varying scales of mixed-use development for growth and development in Nodes & Corridors... contact agent for more
Parking
4 Spaces (0.92 Spaces per 1,000 SF Leased)
Frontage
35’ on 118th Avenue
AMENITIES
- 24 Hour Access
- Signage
- Wheelchair Accessible
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- BERACHAH Convenience Store and Cosmetics
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Marhare Cafe Ltd
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- WATER DEPOT
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| BERACHAH Convenience Store and Cosmetics | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Marhare Cafe Ltd | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| WATER DEPOT | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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12524 118th Ave NW
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