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»Real Estate with Real Integrity

 
Data Last Updated June 30, 2026, 11:52 pm

 
Courtesy of Jongsung Baik Homes & Gardens Real Estate Limited

Calmar
No Floor Plan Available
$2,400,000
MLS® #:  44340581
Address:  ACCESS Addresses
Days On Website:  ACCESS Days on Website

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Descriptions:

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

Location & Listing Info:
Property Info:
Year Built: 1980
Financial & Possession:
Additional Info:
Legal Description: 5010
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3659 99 ST NW, Edmonton, Alberta, T6E 6K5
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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 30, 2026, 11:52 pm.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.

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