The Belmont Town Centre is located at 13508 Victoria Trail in Edmonton, Alberta.

Information

Size: 56,500 Sq ft
Year bought: 2006
Purchase Price: CAD18m, approximately USD 16.7m
Current status: still generating income for investors

Due to the current volatility of the USD & the increasing strength of the CAD, exchange rates may vary significantly. Please check with us for the latest rate.

Notes

• Located along the busy Victoria Trail
• Well maintained, attractive strip plaza with excellent exposure
• High vehicular traffic count
• Strong tenancy, with both local and national retailers including Rexall Drugs, Tim Horton’s, MacDonald’s and Scotiabank
• Community medical centre
• 300,000+ population within 10km radius

About Edmonton

• Edmonton is the capital city of Alberta
• Diversified local economy
• GDP of CAD44 billion+, well ahead of many other Canadian provinces
• Service centre for multibillion-dollar oil sands and natural gas developments
• Canada’s second largest manufacturing cluster, second only to Ontario’s Golden Triangle in manufacturing
• Strategic location in the Calgary-Edmonton corridor, the region that is leading the continent economically
• Experiencing longest period of sustained growth in past 25 years, the Conference Board of Canada ranked Edmonton number one city for growth in 2004
• A 2006 KPMG study ranked Edmonton as worlds’ number one city to do business
• Economic strength, high local disposable income, low unemployment rate and very strong housing market all bode well for local retail sector