Q Business Centre Investment Property
7315 50 Street, Edmonton, AB
- Sales or Lease: For Sale
- Type: Industrial, Investment, Office
- Size: 17,100 ft²
- Price: $3,470,000
- Status: Active
• Flexible-use building totaling 17,100 sq ft (+/-) on 1.04 acres (+/-)
• IB Business Industrial property with exposure to 35,000 vehicles per average workday on 50th Street in Southeast Edmonton
• Location is in the heart of Southeast Edmonton industrial zone with quick access to freeways and clients
• Attractive initial cap rate from a diverse income stream
Commercial real estate investment property with multiple tenants – it’s like a strip-mall, only better. Excellent starting cap rate. Secure investment property with staggered lease terms, mix of office, retail and industrial (and international) tenants paying the rent. Newer building with flexible zoning (Business Industrial) makes it useful for a broad range of tenants. The prime real estate has excellent exposure to a high-traffic corridor (50th Street) in South East Edmonton.
DISCLAIMER: The information contained herein has been provided to Royal Park Realty Corporation. We do not warrant its accuracy. You are advised to verify the information prior to submitting an offer and to provide for sufficient due diligence in an offer. The information contained herein may change from time-to-time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.