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Shopping Neighborhood

Greenleaf

15210 Stony Plain Rd, Edmonton, AB T5P 3Y5

Listing Price: $1,000,000

Cap Rate
7.00%
Gross SF
4,000
Rentable SF
4,000
Price/Gross SF
$250.00
Lot Size
0.14 acres
Year Built
1958

Investment Overview

Unique opportunity to purchase a 4,000 SF, single-storey commercial retail building along Stony Plain Road. The area nearby the property is currently experiencing significant upgrading as part of the Jasper Park Revitilization Program and the Future West Valley Line Extension. This includes Stony Plain Road, where street-scaping projects directly next to the Building have improved lighting and curbside appeal, painted murals, and created the 152 Street Plaza. These upgrades provide owner/user investors the perfect mix of improved and busy streets filled with pedestrians, cyclists, and commuters to the area on a daily basis.

Investment Highlights

  • Building has undergone significant building upgrades and renovations in 2018 including: new roof, new windows, exterior cladding, new electrical system, new furnace and AC, fully renovated and fixture
  • Potential to demise the space into two commercial units at +/-2,000 SF
  • Fully built-out licensed Cannabis retail space, which includes a security system and new vault (constructed in 2018)
  • Cannabis license can be transfered to a new owner
  • Inventory and chattels can be included in the sale price

Exclusively Listed By

Shopping Neighborhood

Greenleaf

Listing Price: $1,000,000

Cap Rate
7.00%
Gross SF
4,000
Rentable SF
4,000
Price/Gross SF
$250.00
Lot Size
0.14 acres
Year Built
1958

Investment Highlights

  • Building has undergone significant building upgrades and renovations in 2018 including: new roof, new windows, exterior cladding, new electrical system, new furnace and AC, fully renovated and fixture
  • Potential to demise the space into two commercial units at +/-2,000 SF
  • Fully built-out licensed Cannabis retail space, which includes a security system and new vault (constructed in 2018)
  • Cannabis license can be transfered to a new owner
  • Inventory and chattels can be included in the sale price

Investment Overview

Unique opportunity to purchase a 4,000 SF, single-storey commercial retail building along Stony Plain Road. The area nearby the property is currently experiencing significant upgrading as part of the Jasper Park Revitilization Program and the Future West Valley Line Extension. This includes Stony Plain Road, where street-scaping projects directly next to the Building have improved lighting and curbside appeal, painted murals, and created the 152 Street Plaza. These upgrades provide owner/user investors the perfect mix of improved and busy streets filled with pedestrians, cyclists, and commuters to the area on a daily basis.

Exclusively Listed By

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