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8721 156th St

8,000 SF 100% Leased Retail Building Edmonton, AB T5R 1Y5 $1,587,335 USD ($198 USD/SF) 7.10% Cap Rate

Mixed Use Properties Alberta Edmonton 8721 156th St, Edmonton, AB T5R 1Y5

Executive Summary

Royal Park Realty is pleased to offer for sale this multi-tenant commercial investment opportunity prominently situated on 156th Street & 87th Avenue. It is located directly across from the Meadowlark Health & Shopping Centre, offering prime visibility. The property is fully leased with stable, longstanding tenants. It is well-maintained and offers a diverse mix of retail tenants. A comprehensive disclosure package is available upon signing a Confidentiality Agreement.

Attachments

Jasper Park Investment Property For Sale

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,000 SF
Building Class
B
Year Built
2001
Price
$1,587,335 USD
Price Per SF
$198 USD
Cap Rate
7.10%
NOI
$112,727 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.15
Land Acres
0.16 AC
Zoning
CG - General Commercial
Frontage
48 FT on 156th St

Amenities

  • Atrium
  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru
  • Air Conditioning
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Walk Score ®
Very Walkable (78)
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

M&M Food Market
Starbucks
TD Canada Trust
ATA Martial Arts
Tim Hortons
Safeway Canada
Second Cup Cafe
RBC Royal Bank
CIBC
BMO Bank of Montreal
(587) 405-8374

  • Listing ID: 31599970

  • Date on Market: 4/24/2024

  • Last Updated:

  • Address: 8721 156th St, Edmonton, AB T5R 1Y5

The Retail Property at 8721 156th St, Edmonton, AB T5R 1Y5 is currently available For Sale. Contact Royal Park Realty for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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8721 156th St
(587) 405-8374 x

8721 156th St

1/2

Scott Endres

(587) 405-8374

(587) 405-8374

Joel Wolski

(587) 405-8374

(587) 405-8374

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