10310 124 St Nw, Edmonton, Alberta T5N 1R2

The Century Building on 124th is a unique multi-tenant investment prominently located on the NW corner of 124th Street and 103rd Avenue. The centre has a complimentary mix of retail and professional offices tenancies with current report Net Operating Income (Fully Stabilized) of $412,290.96 (2023) per annum. The property provides an excellent opportunity for a portion of the asset to be occupied by a medical, professional or retail owner user. Rare opportunity for investors and/or professional & retail users to occupy and secure a high profile income producing asset. Staggered lease terms with community driven tenant mix and built in rent escalations. Marquee corner site offering high foot traffic and exposure to 124th Street. Five minute drive to downtown Edmonton and ideally situated along the vibrant 124th Street. Close to numerous restaurants, cafes and amenities. Secure 36 stall underground heated parkade. Professionally managed property by Canderel. (id:27476)

The Century Building on 124th is a one-of-a-kind investment opportunity situated at the prominent NW corner of 124th Street and 103rd Avenue. It features a diverse mix of retail and professional office spaces, generating a current Net Operating Income (Fully Stabilized) of $412,290.96 (2023) annually. The property offers the potential for a portion of the asset to be utilized by a medical, professional, or retail owner user, presenting a rare chance for investors and/or professional & retail users to acquire a high-profile income-producing asset.

The lease terms are staggered, with a tenant mix driven by the community and built-in rent escalations. The property boasts a marquee corner site, providing high foot traffic and exposure to 124th Street. It is conveniently located just a five-minute drive from downtown Edmonton and is ideally situated along the vibrant 124th Street, close to numerous restaurants, cafes, and amenities. Additionally, it features a secure 36-stall underground heated parkade and is professionally managed by Canderel.

This property is currently available for sale or rent and is situated at 10310 124 ST NW in the city of Edmonton, Alberta, with a postal code of T5N1R2.