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Shopping Strip

6056 47 St

6056 47 St, Leduc, AB T9E 8L4

Listing Price: $4,100,000

Cap Rate
4.87%
Gross SF
5,106
Rentable SF
5,106
Price/Gross SF
$802.98
Lot Size
0.64 acres
Year Built
2012

Investment Overview

The Vendor has exclusively retained Marcus & Millichap and Cushman & Wakefield Edmonton to facilitate the sale of 6056 47 Street, Leduc, Alberta (the “Subject Property”). The Subject Property represents an opportunity to acquire a two-tenant investment property tenanted by daily-needs services, Starbucks (with drive thru) and King Liquor. The Subject Property is exceptionally located and benefits from vehicular exposure from 50th and 47th Street.

Investment Highlights

  • Freestanding commercial building comprised of 5,106 SF of leasable area situated on a 27,878 SF lot
  • Stable income-producing investment property secured by quality, daily-needs services: Starbucks and King Liquor
  • Both tenants are operating on long-term NNN leases with contractual rental escalations and renewal options thereafter
  • Located along the prominent crossroads of 47th and 50th Street, an essential corridor in Leduc with access to Hwy 2 (Queen Elizabeth II Highway)
  • Coveted drive-thru well positioned to capitalize on the daily influx and outflux of vehicular traffic, with exposure to over 21,700 VPD
  • Strong performing location with proximity to other essential retailers such as Safeway, Dollarama, Shoppers Drug Mart, and Giant Tiger

Exclusively Listed By

Listing Price: $4,100,000

Cap Rate
4.87%
Gross SF
5,106
Rentable SF
5,106
Price/Gross SF
$802.98
Lot Size
0.64 acres
Year Built
2012

Investment Highlights

  • Freestanding commercial building comprised of 5,106 SF of leasable area situated on a 27,878 SF lot
  • Stable income-producing investment property secured by quality, daily-needs services: Starbucks and King Liquor
  • Both tenants are operating on long-term NNN leases with contractual rental escalations and renewal options thereafter
  • Located along the prominent crossroads of 47th and 50th Street, an essential corridor in Leduc with access to Hwy 2 (Queen Elizabeth II Highway)
  • Coveted drive-thru well positioned to capitalize on the daily influx and outflux of vehicular traffic, with exposure to over 21,700 VPD
  • Strong performing location with proximity to other essential retailers such as Safeway, Dollarama, Shoppers Drug Mart, and Giant Tiger

Investment Overview

The Vendor has exclusively retained Marcus & Millichap and Cushman & Wakefield Edmonton to facilitate the sale of 6056 47 Street, Leduc, Alberta (the “Subject Property”). The Subject Property represents an opportunity to acquire a two-tenant investment property tenanted by daily-needs services, Starbucks (with drive thru) and King Liquor. The Subject Property is exceptionally located and benefits from vehicular exposure from 50th and 47th Street.

Exclusively Listed By

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