Olivia Hu
780-716-2829
Homes & Gardens Real Estate Ltd.
Fax: 780-457-5240
Listing Courtesy of Jongsung Baik of Homes & Gardens Real Estate Limited MLS®: 44340581 - $2,400,000
Prime investment opportunity located approximately 30 minutes from Edmonton. This well-maintained 5-lot commercial strip mall is situated on the town's main road, offering excellent exposure and convenient access.The property is fully leased with no vacancy and features four established tenants under long-term triple net lease agreements. Tenants include a grocery and liquor store, Subway, a Chinese restaurant, and a pub, providing a stable and diversified income stream.The asset offers an attractive cap rate, with potential for further upside as two lease renewals are scheduled within this year and next year, which may enhance overall returns. The site also provides ample on-site parking for customers and staff.A rare opportunity to acquire a stable, income-producing commercial property with future growth potential. Subject to municipal approvals, there may be the possibility of adding a second floor to further increase rental income.An excellent opportunity for investors seeking a solid, long-term incom MLS®: 44340581 - $2,400,000
Property InformationYear Built: 1980 Brokerage: Homes & Gardens Real Estate Limited Listed Date: Please login or create an account Community InformationCity/Town: Leduc County ExteriorLot Size: 0.00 sq.ft. InteriorRoomsBathrooms: Full: 0 / Half: 0 Legal, Financial & PossessionListing Courtesy of Jongsung Baik / Homes & Gardens Real Estate Limited Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated June 21, 2026, 8:00 am. MLS®: 44340581 - $2,400,000
Listing Courtesy of Jongsung Baik / Homes & Gardens Real Estate Limited Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated June 21, 2026, 8:00 am. |