Property Details

8706 Franklin Avenue
Fort McMurray (A2247352)

$7,500,000
34,915 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

13% Cap Rate- Plaza One Shopping Mall; located in the heart of downtown Fort McMurray in the major business hub which Includes neighboring 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 34,915 leasable sqft sitting on 2.31 Acres which is currently occupied by multiple tenants and is being used for various commercial retail, professional office (Dentist, Accountant, Lab), 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 parking lot at the rear runs all the way down to the corner of Manning & Riedel. 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.

Property details

Basic Info

MLS® #
A2247352
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Downtown
Price
$7,500,000
Sale/Lease:
For Sale
Size:
34,915 sq.ft.
Year Built:
1975 (50 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Building Name:
PLAZA ONE SHOPPING MALL
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A

Lot / Land Info

Lot Size:
2.31 acres
Lot Features:
Corner Lot, Near Public Transit, Paved, See Remarks
Zoning:
FRA1

Materials & Systems

Roof:
Flat Torch Membrane, Membrane, Tar/Gravel
Exterior:
Brick,Concrete,Metal Frame,Mixed,See Remarks,Wood Frame
Foundation:
Combination, Poured Concrete, Slab
Heating:
Forced Air, Natural Gas, See Remarks
Cooling:
Central Air

Listing Info

Possession:
Negotiable
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Your Agent
  • Daniel Cram

    Sutton Group Grande Prairie
    780-814-9482

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