1035 & 1039 Parson Road Sw Edmonton Ab, Edmonton, Alberta

$1,398,800

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2,503

Square feet

0.03

Acres

About 1035 & 1039 Parson Road Sw Edmonton Ab

Fully leased retail investment offered at an approximately 6% cap rate in South Edmonton. Offered together, these two retail condominium properties comprise approximately 2,503 sq. ft.: 1035 Parsons Road SW offers approximately 1,174 sq. ft., and 1039 Parsons Road SW offers approximately 1,329 sq. ft. Occupied by an Indian restaurant and a pizza restaurant under long-term net leases, the offering features in-place rental income, scheduled contractual rent increases, and tenant renewal options. Sale includes real estate only; tenant businesses are excluded. Buyer to assume existing tenancies and leases, including the landlord’s obligations thereunder. Cap rate is based on the asking price and stated net operating income, subject to buyer verification. (id:6289)

More Info on this MLS® listing

1035 & 1039 Parson Road Sw Edmonton Ab is a listing for sale in Edmonton. The MLS® number is 45888404. It covers 2,503 square feet. It's currently listed for $1,398,800. For more details on MLS® 45888404, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Edmonton is available now!

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Features of 1035 & 1039 Parson Road Sw Edmonton Ab

Listing # 45888404
Price $1,398,800
Square Footage 2,503
Acres 0.03
Type Retail

Community Information

Address 1035 & 1039 Parson Road Sw Edmonton Ab
City Edmonton
Province Alberta
Postal Code T6X0X2

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 1089

Listing Details

OfficeMaxWell Polaris

Listing Map

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