8520 106A Ave NW

Opportunity to build your business in a growing residential area with a Medium Industrial Zone. Approx 27000 sq ft of main floor space, with additional 10,080 Mezzanine with approx 2072 sq ft in basement. Developers have invested & City of Edmonton has cooperated by creating Muttart Xing NW road which now connects 106 A Ave to Stadium Road, very close proximity to Commonwealth Stadium. New Development builds with Rohit Stadium Yards, plus a New 32 Storey build right next to this building offering 366 Units. Potential Redevelopment of space creating parking on the East Side, and creating 25,516 sq ft of retail space, generating at 75% Occupancy $426,690 Base Rent creating a 7 Cap Valuation of $6,095,571 Building Valuation. See attached Proforma PDF of suggested redevelopment. Note: Application to City of Edmonton is required for redevelopment.