10701 100 Ave, Morinville, Alberta

About 10701 100 Ave

Prime Commercial Investment OpportunityThis exceptional 5-year-old commercial building offers a rare combination of modern construction and a high-visibility, prime location with ample parking. The property is currently 100% occupied by the three original tenants, all of whom have secured their long-term commitment by signing five-year lease extensions through 2031.The investment provides immediate and growing returns. Currently generating $84,187 in annual revenue, the income is scheduled to increase to $88,187starting in November 2026. Efficiency is maximized through a structure where all utilities, maintenance, and property taxes are managed as operational costs and paid directly by the tenants. At a list price of $1.69 million (plus applicable GST), this represents a stabilized cap rate of approximately 5.27%. This is an ideal acquisition for an investor seeking a turnkey, low-maintenance asset in a premium corridor with established tenancy and consistent revenue growth. Custom built by Atlas Premium Homes (id:6289)

More Info on this MLS® listing

10701 100 Ave is a listing for sale in Morinville. The MLS® number is 44802240. It was built in 2021 and covers 3,899 square feet. It's currently listed for $1,690,000. For more details on MLS® 44802240, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Morinville is available now!

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