INFORMATION BROCHURE List Price: $1.250,000.
12911B – 127 Street, Edmonton, AB

Municipal Address: 12911B – 127 Street, Edmonton, AB T5L 1B1

Legal Description: Plan 3900ET Lots 16, 17, 18 Year Built: 1968

Building Size and Dimensions: 23.53 M (77.17’) x 21.34 M (70’) 5401 SF (501.95M)

Zoning: CNC – Neighourhood Convenience Commercial District Land Size: 17,990 SF (.413 Acres)

Land Dimensions: Rectangular - West Front 47.86 M (157’) x 34.9 M (114.6’)

2010 Property Taxes: Total: $13,559.00 Land Building Assessment: $871,500

THE BUILDING:
Construction: Concrete Block Building, concrete slab on grade, laminated beam/steel column, frame and plywood sheathed roof and stucco fascia. Wood frame demising walls in common areas, ceiling height is approximately 10’ and 9-6’ to the underside of finished ceiling. His and hers bathrooms in the common area and six other two piece bathrooms in the tenant areas.

Mechanical: Four forced air furnaces on the main floor servicing perimeter under slab system.
Roof top unit for cooling.

Parking Lot: The parking lot is asphalt and concrete curbs. There are 24 designated parking stalls on the south side of the building and 10 at the rear for a total of 34 parking stalls.

Services: The four tenants are separate metered for the power and additional meter for common area.

General: The building generally is in good repair, the roof is maintained but original. The building structural design lends itself to opening up the entire interior of the building for an alternate use. For example, doctor’s offices, pharmacies, fast food outlets or a convenience store.

Environmental: The owners have a new Phase I Environmental report.

RPR and Compliance: A current Real Property Report and Compliance is available.

Tenants: The Owners of the building are currently preparing new leases whereby the tenants will be paying a net base rent and their proportionate share of operating expenses. The following information is based on the new leases.

Total Net Rental Space: 4,722 SF Total Net Rent Per Year: $53,140

Comments: The property is zoned CNC, a variety of permitted uses being Convenience Retail Stores, Health Services, Professional, Financial and Office Support Services, Personal Service Shops and Minor Eating and drinking Establishments. The building is well located with high visibility and on a high traffic street. The Building is located on the site allowing 34 parking stalls which supports the necessary parking for the permitted uses. The rents are probably below market because of the long time relationships between landlord and tenant. Future uses or change of use of the building will support high rents on this high visibility and high traffic location.

Presented by FRASER-TRADEX REALTY INC.
C. Hugh Fraser (780) 499-0948