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Courtesy of Vincenzo Caputo of Nai Commercial Real Estate Inc.
Data was last updated 2024-05-04 at 00:18:19 GMT
The Century Building on 124th is a unique multi-tenant investment prominently located on the NW corner of 124th Street and 103rd Avenue. The centre has a complimentary mix of retail and professional offices tenancies with current report Net Operating Income (Fully Stabilized) of $412,290.96 (2023) per annum. The property provides an excellent opportunity for a portion of the asset to be occupied by a medical, professional or retail owner user. Rare opportunity for investors and/or professional & retail users to occupy and secure a high profile income producing asset. Staggered lease terms with community driven tenant mix and built in rent escalations. Marquee corner site offering high foot traffic and exposure to 124th Street. Five minute drive to downtown Edmonton and ideally situated along the vibrant 124th Street. Close to numerous restaurants, cafes and amenities. Secure 36 stall underground heated parkade. Professionally managed property by Canderel.
Listing Information
- Prop. Type:
- Retail
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4363413
- Neighbourhood:
- Westmount
- Area:
- Edmonton
- Province:
- AB
- Listing Price:
- $5,900,000
General Information
- Year Built:
- 1977
- Lease Rate:
- $18/ft2
- Zoning/Land Use Code:
- For Sale or Lease
- Region:
- Edmonton
Additional Information
- Plan:
- RN22
- Legal Block:
- 32
- Legal Lot/Unit:
- 11-12
Other Information
- Lease Term (in Months):
- 36-60
- Land Size Hectares:
- 0
- Building Type:
- Multi Tenant/Multi Plex, Quasi Retail, Street-Leve
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This property is listed by Vincenzo Caputo of Nai Commercial Real Estate Inc and provided here courtesy of
Kyle Rossiter.
For more information or to schedule a viewing please contact Kyle Rossiter.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.