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Courtesy of Parker A Parker of RE/MAX Elite

11011 JASPER Avenue
Zone 12 Edmonton T5K 0K7

$399,900
Retail

Main Photo: 11011 JASPER Avenue in Edmonton: Zone 12 Retail for sale : MLS®# E4413673
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Status:
Active
Prop. Type:
Retail
MLS® Num:
E4413673
Build. Type:
Mixed Use
INVESTORS! Excellent Triple Net ( NNN ) investment offered at over a 7% cap rate! With a fresh long term lease, this is a very attractive addition to any investors portfolio whether you're a veteran or looking to get into your first property. As a NNN lease, it's as close to "set it and forget it" as you can get in real estate. Currently operating as a 35 person Cocktail bar and Resturant (plus 12 for patio) it has a great culture with a loyal client base with great google reviews and thriving social media platforms. This will not stick around long!
Transaction Type:
For Sale
Property Type:
Retail
Construction:
Wood Frame
Building Type:
Mixed Use
# Units:
0
# Storeys:
1.0
Year built:
1954 (Age: 70)
Total Floor Area:
1,000 sq. ft.
Lot Area:
0 sq. ft.
Plan:
0120554
Title to Land:
Freehold
LINC Number:
0028747400
Num. of Parcels:
1
Cap Rate %:
7.0
Gross Operating Income:
$28,500
Effective Gross Income:
$28,500
Net Operating Income:
$28,500
Days On Website:
2 day(s)
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Data was last updated November 16, 2024 at 08:30 PM (UTC)
DALE THRONDSON
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
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Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.