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Declare Centre 7505 104th St

4,956 SF 100% Leased Office Building Edmonton, AB T6E 4C1 $824,877 USD ($166.44 USD/SF) 6.89% Cap Rate

INVESTMENT HIGHLIGHTS

  • Heavy vehicle traffic
  • Leased Investment

EXECUTIVE SUMMARY

Owner/User Opportunity with additional income - Office building on 104 Street/Calgary Trail in Strathcona. Newer roof, HVAC and renovations in and out. 2nd floor leased until June 2022. Tenants on main and lower floors will vacate for an owner/user or sign a 3 year market lease rate. $1,170,000.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
4,956 SF
Building Class
C
Year Built
1980
Price
$824,877 USD
Price Per SF
$166.44 USD
Cap Rate
6.89%
NOI
$56,824 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,478 SF
Building FAR
1.14
Lot Size
0.10 AC
Zoning
DC1 - Direct Control
Parking
6 Spaces (1.21 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Manufacturing
  • -
  • -
  • -

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TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Manufacturing - - -
Walk Score®
Walker's Paradise (96)
Bike Score®
Biker's Paradise (97)
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.®
  • Listing ID: 20818952

  • Date on Market: 9/1/2020

  • Last Updated:

  • Address: 7505 104th St, Edmonton, AB T6E 4C1

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