Trail South Corner is located at 10417 51st Avenue Northwest in Edmonton, Alberta.

Information

Size: 28,586 Sq ft
Year bought: 2005
Purchase Price: CAD7.5m, approximately USD 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

• Attractive strip plaza
• Strong tenancy including both national and local retailers
• Excellent location in a proven retail district
• High vehicular traffic counts
• Includes a medical centre for the surrounding community
• Located on two main roads for locals returning home to the residential districts of Southwest Edmonton, Millwoods and Leduc
• Recently added 6,000 square feet to the leasable area, substantially increasing the value of the property
• returned 50% to investors within 2 years

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