Ahmad Sai - 780-982-1119

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Retail in Edmonton

$1,398,800.00
1035 & 1039 Parson Road SW Edmonton AB - MLS® #: 45888404
  • (68)
  • 52
  • 55
  • 0 Bedrooms
  • 0 Bathrooms
  • 2503 Sq Ft
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Ahmad Sai
780-982-1119

Property Type

Retail

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. ft. 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:6769)

Property Details

Lot
1089

Listing Agent

Sukh Somal
(780) 966-9592

Brokerage

MaxWell Polaris
(780) 450-6300

Disclaimer:

The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Listing data last updated date: 2026-11-15 07:03:18




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