COLIN HARTIGAN
(780) 799-5555

COLDWELL BANKER UNITED
780-714-5050

8706 Franklin Avenue
  Fort McMurray , Alberta   T9H 2J6
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8706 Franklin Avenue For Sale

$7,500,000
Fort McMurray, Alberta

Transaction Type
For Sale
Zoning
FRA1
Year Built
1975
Property Type
Commercial
Building Area (Sq. Ft.)
34915.00
Lot Size (Sq. Ft.)
100623

Listing ID: 31658
MLS ID: A2247352
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.
Transaction Type
For Sale
Zoning
FRA1
Subdivision
Downtown
Building Type
Free-Standing,Shopping Centre,Strip Mall,Walk-up
Year Built
1975
Structure Type
Low Rise (2-4 stories)
Property Type
Commercial
Property Sub Type
Retail
Legal Plan
0020651
Building Area (Sq. Ft.)
34915.00
Building Area (Sq. M.)
3243.68
Lot Size (Sq. Ft.)
100623
Lot Size (Acres)
2.31
Construction Type
Brick,Concrete,Metal Frame,Mixed,See Remarks,Wood Frame
Roof
Flat Torch Membrane,Membrane,Tar/Gravel
Foundation
Combination,Poured Concrete,Slab
Cooling
Central Air
Heating
Forced Air,Natural Gas,See Remarks
Lot Features
Corner Lot,Near Public Transit,Paved,See Remarks
Commercial Amenities
Floor Drain(s)/Grease Trap(s),Parking-Extra,See Remarks,Storefront
Access to Property
Accessible to Major Traffic Route,Front and Rear Drive access,Major Shopping Nearby,Paved Road,Public Transportation Nearby,See Remarks,Strip Shopping Mall,Two-Way Access
Inclusions
N/A
Restrictions
None Known
Reports
Aerial Photos,Contracts,Financial Statements,Floor Plans,Legal Description,Rent Roll,Tenancy Schedule,Title,Title Insurance

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