4214 66 St NW 2,852 SF Retail Building Edmonton, AB T6K 4A2 £564,055 (£197.78/SF) 6.52% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Heavy daytime foot traffic
EXECUTIVE SUMMARY
A rare investment opportunity! This unit offers a solid ROI, currently leased to a reputable dentist and generating an impressive 6.5% cap rate—exactly what savvy investors seek. With six years remaining on a secure 10-year lease, this property ensures stable income. Plus, its future potential for various business ventures makes it an exceptional opportunity!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,852 SF
Building Class
C
Year Built
1982
Price
£564,055
Price Per SF
£197.78
Net Initial Yield
6.52%
NOI
£36,770
Tenancy
Single
Number of Floors
1
Zoning
CG - Commercial Shopping Center
NEARBY MAJOR RETAILERS
