Glen Good
(780) 434-2323
RE/MAX Real Estate
Secondary Phone: 780-729-5537
Fax: 000-0000
Listing Courtesy of Glen Good of RE/MAX Real Estate MLS®: 44802240 - $1,800,000
Prime Commercial Investment OpportunityThis exceptional 5-year-old commercial building offers a rare combination of modern construction and a high-visibility, prime location with ample parking. The property is currently 100% occupied by the three original tenants, all of whom have secured their long-term commitment by signing five-year lease extensions through 2031.The investment provides immediate and growing returns. Currently generating $89,946.00 in annual revenue, the income is scheduled to increase to $92,691.00 starting in November 2026. Efficiency is maximized through a structure where all utilities, maintenance, and property taxes are managed as operational costs and paid directly by the tenants. At a list price of $1.8 million (plus applicable GST), this represents a stabilized cap rate of approximately 4.99%. This is an ideal acquisition for an investor seeking a turnkey, low-maintenance asset in a premium corridor with established tenancy and consistent revenue growth. Custom built by Atlas Pr MLS®: 44802240 - $1,800,000
Property InformationYear Built: 2021 Brokerage: RE/MAX Real Estate Listed Date: Please login or create an account Community InformationCity/Town: Sturgeon ExteriorLot Size: 0.00 sq.ft. InteriorRoomsBathrooms: Full: 0 / Half: 0 Legal, Financial & PossessionListing Courtesy of Glen Good / RE/MAX Real Estate Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated May 1, 2026, 4:00 pm. MLS®: 44802240 - $1,800,000
Listing Courtesy of Glen Good / RE/MAX Real Estate Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated May 1, 2026, 4:00 pm. |