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 $89,946.00 in annual revenue, the income is scheduled to increase to $92,691.00 starting 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 $1.8 million (plus applicable GST), this represents a stabilized cap rate of approximately 4.99%. 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:51989)
Features of 10701 100 Ave
- MLS® Number 44802240
- Price $1,800,000
- Square Footage: 3899 sqft
- Parking Space Total 20
Buildings
| Constructed Date | 2021 | Size Interior | 3899 Sqft |
Land
| Acreage | No | Size Irregular | 24829.199999999997 |
| Size Total | 24829.2 Sqft|1/2 - 1 Acre | Size Total Text | 24829.2 Sqft|1/2 - 1 Acre |
Agents and Offices
- Glen R. Good
- Office: RE/MAX Real Estate