41,269 ft²Retail / Industrial$6,200,000Sale
41,269 ft²
Retail / Industrial
$6,200,000
Sale
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Great opportunity to purchase a multi-building commercial property positioned in Eastgate Business Park with ample parking, ease of access, large windows, and various current successful tenants. Positioned between residential, industrial, and commercial zones, this area acts as a transition zone and connects people to commercial, work, and office spaces. 2024 Industrial trends predict a stable leased vs. vacancy rate coupled with a 3.3% increase in asking rent, positioning Parkwood Centre as a stable investment.
The Space
Asking Price$6,200,000
Available Space41,269 ft²
Net Operating Income$485882
Property UseRetail
SourceDirect
The Building - Parkwood Centre
• 41,269 SF of leasable commercial area • Currently 93% leased • Located in Eastgate Business Park, a large successful commercial and industrial area • Excellently positioned on 50 Street with exposure to 25,000 vehicles per day • Quick access to 101 Ave and Sherwood Park Freeway, allowing easy commutes to various parts of the city and to Sherwood Park • Plenty of surface parking for tenants and visitors • Multiple large windows, giving the units ample natural light
Property TypeOffice / Retail / Industrial
Floors1
Lot Size3.33 AC
ZoningBE – Business Employment
Up to $500K for Alberta businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.
