Property for Sale

Courtesy of Sukh Somal of MaxWell Polaris

Property For Sale In Edmonton

Property for Sale, MLS® # 45888404

Fully leased retail investment offered at an approximately 6% cap rate in South Edmonton. Offered together, these two retail condominium properties comprise approximately 2,503 sq. ft.: 1035 Parsons Road SW offers approximately 1,174 sq. ft., and 1039 Parsons Road SW offers approximately 1,329 sq. ft. Occupied by an Indian restaurant and a pizza restaurant under long-term net leases, the offering features in-place rental income, scheduled contractual rent increases, and tenant renewal options. Sale includes real estate only; tenant businesses are excluded. Buyer to assume existing tenancies and leases, including the landlord's obligations thereunder. Cap rate is based on the asking price and stated net operating income, subject to buyer verification.

Contact Caitlin Heine About MLS® 45888404

Required Field

Caitlin Heine, 1.587.400.SOLD (7653) at Elisse Moreno (REALTORS® with RE/MAX Real Estate), Suite 200, 10835 – 124th Street NW, Edmonton, Alberta, T5M 0H4

property information

  • MLS®#: 45888404
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Community Information

  • City: Edmonton
  • Postal Code: T6X 0X2
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$1,398,800

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