10,836 ft²Office / Retail$2,450,000Sale
10,836 ft²
Office / Retail
$2,450,000
Sale
Humaira Naikyar
The Space
Asking Price$2,450,000
Available Space10,836 ft²
SourceRealNex
The Building - Northgate Professional Building
REMAX Commercial Excel is pleased to present the exclusive sale of the Northgate Professional Building, a fully-tenanted two-storey mixed-use asset positioned on Edmonton's 97 Street NW arterial corridor. The property delivers a stabilized rent roll anchored by an investment-grade pharmacy and medical clinic, complemented by a diversified mix of established retail and professional office tenants.
- Long-term anchor: 10-year pharmacy & medical clinic lease commencing 2026, with five contractual rent escalations and two five-year market-rate renewal options
- Diversified income stream across healthcare, convenience, cannabis retail, professional services, and security
- Contractual rent escalations substantially across all leases provide built-in NOI growth through hold period
- One vacant 778 SF second-floor suite offering immediate lease-up upside
- Located on Edmonton's 97 Street NW — a major north–south arterial connecting downtown to the city's northern suburbs
- Established neighbourhood retail node with surrounding multi-family and single-family residential demand drivers
- Professionally managed by NADG (North American Development Group)
Property TypeOffice / Retail
Building Size10,836 ft²
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