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Urban-High Street

5004 50 Avenue

5004 50th Ave, Leduc, AB T9E 6V8

Listing Price: $2,500,000

Cap Rate
6.79%
Gross SF
8,484
Rentable SF
8,484
Price/Gross SF
$294.67
Lot Size
0.98 acres
Year Built
1988

Investment Overview

5004 50th Avenue Leduc (the "Subject Property”), represents an opportunity for an investor to acquire a stable income producing investment property leased by two tenants operating under well-known national banners, Smitty’s and Panago. The Subject Property is positioned in the heart of Leduc, at the prominent crossroads of 50th Ave and 50th Street and benefits from proximity to the primary highway linking the town to major urban centers such as Edmonton and Calgary

Investment Highlights

  • Leased on a long-term NNN basis to successful franchisees, operating under well-known national banners, Smitty's and Panago Pizza.
  • The tenants are operating on completely NNN leases, providing the landlord with a stable and consistent revenue stream.
  • Freestanding commercial building comprised of 8,484 SF of leasable area situated on a 42,689 SF lot with ample surface parking.
  • Located along the prominent crossroads of 50th Ave and 50th Street, an essential corridor in Leduc with access to Hwy 2 (Queen Elizabeth II Highway).
  • Strong performing location along Leduc's major commercial road, with proximity to other essential retailers such as RBC, Petro-Canada, and City Centre Mall.
  • Access to a steady daytime population of 32,572 people within a 3KM radius.

Exclusively Listed By

Urban-High Street

5004 50 Avenue

Listing Price: $2,500,000

Cap Rate
6.79%
Gross SF
8,484
Rentable SF
8,484
Price/Gross SF
$294.67
Lot Size
0.98 acres
Year Built
1988

Investment Highlights

  • Leased on a long-term NNN basis to successful franchisees, operating under well-known national banners, Smitty's and Panago Pizza.
  • The tenants are operating on completely NNN leases, providing the landlord with a stable and consistent revenue stream.
  • Freestanding commercial building comprised of 8,484 SF of leasable area situated on a 42,689 SF lot with ample surface parking.
  • Located along the prominent crossroads of 50th Ave and 50th Street, an essential corridor in Leduc with access to Hwy 2 (Queen Elizabeth II Highway).
  • Strong performing location along Leduc's major commercial road, with proximity to other essential retailers such as RBC, Petro-Canada, and City Centre Mall.
  • Access to a steady daytime population of 32,572 people within a 3KM radius.

Investment Overview

5004 50th Avenue Leduc (the "Subject Property”), represents an opportunity for an investor to acquire a stable income producing investment property leased by two tenants operating under well-known national banners, Smitty’s and Panago. The Subject Property is positioned in the heart of Leduc, at the prominent crossroads of 50th Ave and 50th Street and benefits from proximity to the primary highway linking the town to major urban centers such as Edmonton and Calgary

Exclusively Listed By

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