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Office Building For Sale at 10660 156 St NW in Edmonton, Alberta

4 Sale ID #139373
Updated 28 Apr 2024

Asking Price

$1,575,000

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

An excellent opportunity to add or to start your portfolio.The property is a modern developed building with a Medical Clinic on the main floor and a well estsblished pharmasy on the lower level, under a Lease contract. On the second floor is office spaces, two offices are fully developed an a washroom and the other two offices are partially finished with everything ready to complete two more washrooms. Great investment opportunity. The Medical Clinic has a reception area, waiting room, a total of six exam rooms and a procedure room/exam room. It also has three Doctors offices, One of the offices has it's own private washroom, one washroom for patients, one washroom for the staff, a medical supply room and a storage room. Paved surface gated Parking area at the back of the building. (id:39198)

  • MLS® : #E4346324
  • Date Listed : 19 Jun 2023

Location

Province

Alberta

City

Edmonton

Address

10660 156 St Nw

Postal Code

T5P2R9

Location Highlights

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Listed by

The Good Real Estate Company 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

5,050

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

$1,575,000

Asking Price

$1,575,000

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.

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Gross Revenue- annual

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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)

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

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Premises Size (square feet)

5,050

Other Information

Owner willing to Finance

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Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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