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Shopping Centers for Sale in Edmonton
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Shopping Center For Sale in Edmonton
Located in the heart of Alberta, Edmonton is the capital city recognized as the Gateway to the North. This city boasts a population of over a million, ranking it as the fifth-largest city in Canada. Edmonton is well connected by Edmonton International Airport (EIA) and a comprehensive public transit system, including Edmonton Light Rail Transit (LRT). It is also home to post-secondary institutions such as the University of Alberta, MacEwan University, King's University, NorQuest College, and the Northern Alberta Institute of Technology (NAIT). From the extensive road network to the University-based healthcare facilities, Edmonton creates a desirable environment for both living and conducting business.
Edmonton presents an impressive market for Shopping Centres, with an incredible 22 listings available. Given the city's bustling atmosphere and diverse economy largely dominated by the oil, gas, and technology sectors, these commercial properties offer a promising opportunity for potential investors. The city's residential infrastructure complements the established Retail Stores and Office Spaces, optimizing the overall business environment. With access to major roadways like Kingsway, Yellowhead Trail, and Anthony Henday Drive, these properties offer strategic locations for businesses to thrive. Exploring Edmonton's range of commercial and business properties can provide a greater understanding of the city's flourishing real estate market.
Learn about Shopping Centers for sale in Edmonton
Why should I buy a Shopping Centre in Edmonton?
Purchasing a Shopping Centre in Edmonton can be an exceptional investment due to the city's central location and robust economy.
- With established infrastructure like the Edmonton International Airport and the Edmonton Transit Service, the city ensures a steady influx of visitors and residents, providing a consistent customer base for businesses in the Shopping Centre.
- Given that the current number of listings for Shopping Centres is 22, and the average size for sale being 21,790 SF, it indicates that Edmonton presents a sustainable opportunity for investors who are looking to purchase larger properties, such as Shopping Centres, due to its thriving economy and strategic location.
How much does it cost to buy a Shopping Centre in Edmonton?
The cost of buying a Shopping Centre in Edmonton varies greatly as it is largely influenced by size, location, and the condition of the property.
- The average price per square foot for such properties is $702 CAD, making it a feasible consideration for various budgets.
- The property size is another factor to consider, with the listing averages ranging from a size of 21,790 SF to a maximum size of 62,093 SF.
What is the largest Shopping Centre available to buy in Edmonton?
The largest Shopping Centre available to buy in Edmonton has a size of 62,093 SF.
What factors should I consider when searching for Shopping Centres in Edmonton?
Purchasing a Shopping Centre in Edmonton requires careful contemplation of various factors including the surrounding market, property size, and the potential for return on investment.
- Understanding the property size is crucial as it affects the type and number of tenants you can accommodate. You'll find shopping centres in Edmonton with an average size of 21,790 SF and some as large as 62,093 SF, offering a diverse range.
- Given the property's potential return on investment, considering the average price/sqft is recommended. In Edmonton, the average price/sqft of a shopping centre is $702 CAD. This could assist in forecasting potential revenue and planning your budget for purchasing the property.
How many Shopping Centres are available in Edmonton?
There are 22 Shopping Centres available for sale in Edmonton
What other commercial properties are available in Edmonton?
In addition to shopping centres, Edmonton also offers a broad range of other commercial properties for a variety of business needs.
- Edmonton has a diverse commercial property market, featuring options like offices, industrial buildings, retail stores, and multifamily residential units.
- This wide array of property types allows for greater flexibility and choice, accommodating businesses in virtually any industry or sector.
- Given the city's established economy in sectors like oil and gas, technology, education, and research, shopping centres could be an excellent choice for businesses looking to cater to this diverse economic landscape.
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