Property Description

9.5% Cap Rate- Plaza One Shopping Mall; located in the heart of downtown Fort McMurray in the major business hub which Includes neighbouring businesses like Walmart, The Brick, Staples, Canadian Tire, Sobeys and much more. Right next door is the River Pointe Shopping Centre. This Strip mall shopping Centre development is 38,700sqqft sitting on 2.31 Acres which is currently occupied by multiple tenants and is being used for various commercial retail, professional office (Dentist, Account, Lawyer), food service and other related uses. It consists of 2 buildings the first of which is a 33,600 concrete block structure with main level & upper level & basement level spaces which was built in stages starting in 1970, 1974 & 1997 to which you have today more details can be provided on this. The second free-standing building was built in 1998 and then added too in 2006 for a total of 5,100sqft. The building has been well maintained with many improvements. The Parking lot is paved asphalt and has excellent parking + you have large Pylon sign. The property has access front, rear and side entry access for easy traffic flow. Property has been well occupied and continues to be well occupied due to its exceptional location amongst the major business hub in downtown Fort McMurray; which drives customers and traffic to this location.

Features
: Forced Air, Natural Gas, See Remarks
: Central Air
: Membrane, Tar/gravel, Flat Torch Membrane
Address Map
US
Alberta
Wood Buffalo
Fort McMurray
T9H 2J6
Franklin
8706
Avenue
0
W112° 38' 13''
N56° 43' 15.5''
MLS Addon
COLDWELL BANKER FORT MCMURRAY
Split Level
$0
Monthly
: See Remarks, Near Public Transit, Paved
Carpet,tile,vinyl
Active
Retail
E
Sw
29/10/2021 16:26:17

Commercial For Sale

8706 Franklin Avenue, Fort McMurray, Alberta T9H 2J6

2.31 Acre
$10,900,000
Listing ID #A1157716
Basic Details
Property Type : Commercial
Listing Type : For Sale
Listing ID : A1157716
Price : $10,900,000
Building Area Total SF : 38,700 Sqft
Year Built : 1975
Lot Area : 2.31 Acre
Contact Agent