Courtesy Of Julian P Szklarz Of Coldwell Banker Mountain Central

12654 Fort Road, Edmonton, AB

$1,365,000

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About 12654 Fort Road

Turn Key! Net Cap Rate of Approx 7 % Excellent Visual Exposure - One of 2 tenants Long Term triple A + Major Box store retail client - Super Income of $91,500 net per year incl 3% collection loss n/a in reality. One floor building approx 5457 sq ft in excellent condition, paved parking 14 vehicles plus. Super high vis corner location - roads, sidewalks etc recently re done, very nice curb appeal, setting to match. The property has a large lot of 13,551 sq ft - potential of great multi re development making for a muti investment, cash now, plus future re development, adjacent lands potentially available. New roads, sidewalks, Yelowwhead Trail Upgrade, Fort Road rejuvenation have brought many new builds, multi units, services such as athletic centers presently under construction. LRT is close, high visual traffic flow and surrounding community make Major Box Store retail etc very desired, successful. Tenants leases till 2028 with longer options to renew. Low Mainteance Investment - A GREAT INVESTMENT

Features of 12654 Fort Road

MLS® # E4410449
Price $1,365,000
Bathrooms 0.00
Acres 0.00
Year Built 1976
Type Retail
Status Active

Community Information

Address 12654 Fort Road
Area Edmonton
Subdivision Balwin
City Edmonton
County ALBERTA
Province AB
Postal Code T5C 3C1

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Concrete
Construction Concrete

Additional Information

Date Listed October 14th, 2024
Days on Market 56
Zoning Zone 02
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Julian P Szklarz Of Coldwell Banker Mountain Central

Listing Map