10126 156 ST NW
Edmonton A5P 2P9
MLS® Number: E4454531
$ 1,749,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
1959
YEAR BUILT
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.
COMMUNITY | Britannia Youngstown |
PROPERTY TYPE | |
BUILDING TYPE | |
STYLE | |
YEAR BUILT | 1959 |
SQUARE FOOTAGE | 0 |
BEDROOMS | 0 |
BATHROOMS | 0 |
BASEMENT | |
AMENITIES | |
APPLIANCES | |
COOLING | |
FIREPLACE | |
FLOORING | |
HEATING | |
LAUNDRY | |
LOT FEATURES | |
PARKING | |
RESTRICTIONS | |
ROOF | |
TITLE | Fee Simple |
BROKER | REALTORS® Association of Edmonton |
ROOMS | DIMENSIONS (m) | LEVEL |
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