Unlock a high-profile investment opportunity in the Jasper Avenue corridor. This 2,750 SF building on an 8,051 SF lot size is strategically positioned amid significant residential development, including Capital Apartments to the south, Mayfair on Jasper to the west, and The Parks to the north (featuring 1,050 new residential units upon completion). You’ll be in esteemed company with neighbors like the Alberta Health Services Building, Peace Hills Trust Tower, Intact Insurance Building, First Edmonton Place, and the WSP Building.
The retail landscape is vibrant, with popular establishments like Canterra Place, Central Social Hall, Cactus Club, The Pint, Greta, Local Public Eatery, and more. The property is conveniently located close to Grant MacEwan University, home to nearly 20,000 students, and the bustling Ice District, where Rogers Place, the home of the Edmonton Oilers, is situated. It’s also in close proximity to the Government district and the Alberta Legislature.
The tenant is open to exercising the renewal option early, ensuring 8 years or more of term remaining. The property has seen significant investment, with over $1.5 million spent on interior improvements, including a new outdoor patio covering the entire exterior of the site, completed in 2022. The property also boasts a new roof and HVAC for added peace of mind. Don’t miss this exceptional investment opportunity in a prime Edmonton location.