About 100 Ave
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 $84,187 in annual revenue, the income is scheduled to increase to $88,187starting 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 $1.69 million (plus applicable GST), this represents a stabilized cap rate of approximately 5.27%. 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
Features of 100 Ave
| MLS® # | 44802240 |
|---|---|
| Price | $1,690,000 |
| Bathrooms | 0.00 |
| Year Built | 2021 |
| Type | Retail |
| Status | Active |
Community Information
| Address | 100 Ave |
|---|---|
| Area | Morinville |
| City | Morinville |
| County | ALBERTA |
| Province | AB |
| Postal Code | T8R 1A2 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Foreclosure | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Real Estate |
|---|