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Listing Details

For more information on this listing or other please contact me.

Courtesy of Vincenzo Caputo of Nai Commercial Real Estate Inc.
Data was last updated 2024-05-03 at 03:49:29 GMT

10310 124 ST NW   Edmonton, AB

$5,900,000 or lease at $18/ft2
MLS®: E4363413
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The Century Building on 124th is a unique multi-tenant investment prominently located on the NW corner of 124th Street and 103rd Avenue. The centre has a complimentary mix of retail and professional offices tenancies with current report Net Operating Income (Fully Stabilized) of $412,290.96 (2023) per annum. The property provides an excellent opportunity for a portion of the asset to be occupied by a medical, professional or retail owner user. Rare opportunity for investors and/or professional & retail users to occupy and secure a high profile income producing asset. Staggered lease terms with community driven tenant mix and built in rent escalations. Marquee corner site offering high foot traffic and exposure to 124th Street. Five minute drive to downtown Edmonton and ideally situated along the vibrant 124th Street. Close to numerous restaurants, cafes and amenities. Secure 36 stall underground heated parkade. Professionally managed property by Canderel.

The Century Building on 124th is a unique multi-tenant investment prominently located on the NW corner of 124th Street and 103rd Avenue. The centre has a complimentary mix of retail and professional offices tenancies with current report Net Operating Income (Fully Stabilized) of $412,290.96 (2023) per annum. The property provides an excellent opportunity for a portion of the asset to be occupied by a medical, professional or retail owner user. Rare opportunity for investors and/or professional & retail users to occupy and secure a high profile income producing asset. Staggered lease terms with community driven tenant mix and built in rent escalations. Marquee corner site offering high foot traffic and exposure to 124th Street. Five minute drive to downtown Edmonton and ideally situated along the vibrant 124th Street. Close to numerous restaurants, cafes and amenities. Secure 36 stall underground heated parkade. Professionally managed property by Canderel.

Listing Information

Prop. Type:
Retail
Status:
Active
City:
Edmonton
MLS® Number:
E4363413
Neighbourhood:
Westmount
Area:
Edmonton
Province:
AB
Listing Price:
$5,900,000

General Information

Year Built:
1977
Lease Rate:
$18/ft2
Zoning/Land Use Code:
For Sale or Lease
Region:
Edmonton

Additional Information

Plan:
RN22
Legal Block:
32
Legal Lot/Unit:
11-12

Other Information

Lease Term (in Months):
36-60
Land Size Hectares:
0
Building Type:
Multi Tenant/Multi Plex, Quasi Retail, Street-Leve

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This property is listed by Vincenzo Caputo of Nai Commercial Real Estate Inc and provided here courtesy of SUNNYSIDE REALTY LTD. For more information or to schedule a viewing please contact SUNNYSIDE REALTY LTD.
SUNNYSIDE REALTY LTD
Phone: 780-674-5998
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.