$1,398,800 Sale

Listed 1 hour

1035 & 1039 Parson Road SW Edmonton AB

MLS® 45888404 Retail

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 2503

Est. mortgage

$5,307/mo

Key Facts

Key facts for 1035 & 1039 Parson Road SW Edmonton AB

Property Type

Commercial

Parking

Garage: No, 0 parking

MLS #

45888404

Size

2503 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

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. f...t. 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:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

2503 sqft

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

2503 sqft

Full Bathrooms

Half Bathrooms

Exterior

Acreage

1089 sqft|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Acreage

1089 sqft|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Building Description

Home Type

Commercial

Subtype

Retail

Home Type

Commercial

Subtype

Retail

Community

Area Code

Edmonton

Area Code

Edmonton

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Dylan Tackoor

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