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1035 & 1039 Parson Road SW Edmonton AB Edmonton, AB T6X0X2
2,503 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2503
Square Footage 2,503 sqft
Price per Sqft $558
MLS® Listing ID 45888404
Lot Size 1,089 Sqft
Acres 1089.0
Property Description
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:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by MaxWell Polaris