Office / Retail
*Located in Downtown Edmonton, this renovated and fully tenanted multi tenant investment property is for sale for $3,750,000.
*Featuring 4 tenants with over 13,488 SF of rentable square footage.
*Staggered lease expiries, 2 tenants with rental upside in leases, and 2 long term tenants.
*The building has new BOMA area certificates with sizes larger than signed leases, potential upside upon lease renewal.
*Capital expenditures include: exterior facade renovation, partial roof resurfacing, new AC unit for basement tenant.
Available Space13,488 ft²
Net Operating Income$233610
Property UseInvestment property
The Building - Investment: The Imperial Building
*The owner is receiving multiple streams of income including parking revenue, outdoor play area revenue and signage revenue*. (Contact associate for further details).
*This investment property has a weighted lease expiry of 5.5 years, providing stable cash flow with additional security for investors.
Property TypeOffice / Retail
Building Size13,488 ft²
Lot Size7,498 ft²