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Office Building For Sale at 10507 Saskatchewan DR NW NW in Edmonton, Alberta

4 Sale ID #123674
Updated 27 Apr 2024

Asking Price

$3,100,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

RECEIVERSHIP SALE Opportunity to purchase a marquee 1.5 story professional building located directly in Saskatchewan Drive/ Stunning views of both the River Valley and Downtown skyline. 10,450 SF building with developed sub-grade space; currently with two tenants in place ( Muse Realty until Feb 2027 and Fawkes Coffee and Donuts month to month). Potential high density tower redevelopment site. 18 on site and paved surface parking stalls. Geothermal heating system. (id:39198)

  • MLS® : #E4328542
  • Date Listed : 22 Feb 2023

Location

Province

Alberta

City

Edmonton

Address

10507 Saskatchewan Dr Nw Nw

Postal Code

T6E4S1

Location Highlights

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Listed by

NAI Commercial Real Estate Inc Alberta listing

Category

office-buildings

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

10,450

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$3,100,000

Asking Price

$3,100,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

10,450

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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