Asking price: 1,398,800 CAD
1035 & 1039 Parson Road SW Edmonton AB
Edmonton · Alberta
MLS® 45888404 · Active · Retail
Listing at a glance
1035 & 1039 Parson Road SW Edmonton AB, Edmonton. Retail. MLS® 45888404. Asking price: 1,398,800 CAD
- Asking price
- 1,398,800 CAD
- Property category
- Retail
- Property type
- Retail
- MLS®
- 45888404
- Listed lot area
- 1,089 sq ft
About this property
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. (id:65883)
Property summary
- Property type
- Retail
- Building type
- Postal code
- T6X0X2
- Living area
- 2,503 sq ft
- Lot size
- 1,089 sq ft
Heating & cooling
- Heating
- Cooling
Building & parking
- Basement
- Foundation
- Roof
- Construction
- Parking
Appliances & services
- Appliances
Location
Listed by MaxWell Polaris. Information is believed reliable but should be independently verified. Measurements and availability may change.
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