10126 156 St Nw Edmonton, Alberta A5P 2P9
$1,749,000
Investment Property Opportunity- A great opportunity to start or expand your portfolio with a solid investment property. The building underwent extensive renovations in 2024 and is currently leased to a well-established daycare business, providing a secure and stable tenant. The NNN lease is for 10 years until December 2034, with two additional 5-year renewal options, ensuring long-term stability. Attractive rent escalations are built in every two years, increasing both cash flow and property value. The property is currently listed at a cap rate above 6%, with projections to reach around 7% by the end of 2026—and continuing to grow with each escalation. Don’t miss this opportunity to acquire a fully renovated property with excellent returns and strong future growth. Please respect confidentiality, strictly do not approach the tenant. (id:63013)
Property Details
| MLS® Number | E4454531 |
| Property Type | Retail |
| Neigbourhood | Britannia Youngstown |
Building
| Constructed Date | 1959 |
| Size Interior | 4,800 Ft2 |
Land
| Acreage | No |
https://www.realtor.ca/real-estate/28771129/10126-156-st-nw-edmonton-britannia-youngstown
Contact the agent today for more information.
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August 25 2025 06:11:37
REALTORS® Association of Edmonton
Maxwell Challenge Realty