Investment Property Opportunity- A great opportunity to start or expand your portfolio with a solid investment property. The building underwent extensive renovations in 2024 and is currently leased to a well-established daycare business, providing a secure and stable tenant. The NNN lease is for 10 years until December 2034, with two additional 5-year renewal options, ensuring long-term stability. Attractive rent escalations are built in every two years, increasing both cash flow and property value. The property is currently listed at a cap rate above 6%, with projections to reach around 7% by the end of 2026—and continuing to grow with each escalation. Don’t miss this opportunity to acquire a fully renovated property with excellent returns and strong future growth. Please respect confidentiality, strictly do not approach the tenant.
Address
10126 156 ST NW
List Price
$1,749,000
Property Type
Commercial Sale
Transaction Type
sale
Area
Edmonton
Sub-Area
Britannia Youngstown
Year Built
1959
MLS® Number
E4454531
Listing Brokerage
MaxWell Challenge Realty
Postal Code
A5P 2P9
Zoning
Zone 21
Construction Materials
Block
