Fully Leased Properties – Land and Buildings: 11715 Jasper Avenue and 8525 109 Street

  • $1,618,055.00
11715 Jasper Avenue, Edmonton, AB, Canada
For Sale
Fully Leased Properties – Land and Buildings: 11715 Jasper Avenue and 8525 109 Street
11715 Jasper Avenue, Edmonton, AB, Canada
  • $1,618,055.00

Description

Investment Opportunity
Two Income Properties. Land and Buildings with Established Long-Term Tenant

11715 Jasper Avenue
• 5,694 sq.ft.± building (includes basement, main floor and office mezzanine)
• Main floor (2,677.5 sq.ft.±) consists of receiving and distribution of dry cleaning. Items are sent to 109th Street unit for processing, then returned to shop for pickup. Tailor shop is also on the main floor
• Land size: Building faces Jasper Avenue with vehicle access from both Jasper Avenue and 117th Street

8525 109th Street
• 3,125 sq.ft.± building has direct access and egress to 109th Street, the building has a tailor shop receiving and sales area. Dry cleaning equipment at this unit services both locations. Delivery between units is accommodated by a company owned van

Tenant Information
• Mint Dry Cleaners is a family owned business, operating in both these locations for 15+ years and has 3 x 5-year options to renew
• Tenants are responsible for all utilities, heat, water, power, taxes, glass, snow removal, driveway, yard maintenance and insurance

 

Property Documents

[7820] 11715 Jasper Ave - 8525 109 Street
  • Address 11715 Jasper Avenue, Edmonton, AB, Canada
  • City Edmonton
  • Area North of River

Details

  • Price: $1,618,055.00
  • Property Size: 5694 and 3125 sf
  • Property Type: Investment, Retail
  • Property Status: For Sale

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Kenneth Saunders
  • Kenneth Saunders