For Sale

Northgate Professional Building

Edmonton

Edmonton

Price $2,450,000
Size 10,836 sf

Property Highlights

REMAX Commercial Excel is pleased to present the exclusive sale of the Northgate Professional Building, a fully-tenanted two-storey mixed-use asset positioned on Edmonton's 97 Street NW arterial corridor. The property delivers a stabilized rent roll anchored by an investment-grade pharmacy and medical clinic, complemented by a diversified mix of established retail and professional office tenants.

  • Long-term anchor: 10-year pharmacy & medical clinic lease commencing 2026, with five contractual rent escalations and two five-year market-rate renewal options
  • Diversified income stream across healthcare, convenience, cannabis retail, professional services, and security
  • Contractual rent escalations substantially across all leases provide built-in NOI growth through hold period
  • One vacant 778 SF second-floor suite offering immediate lease-up upside
  • Located on Edmonton's 97 Street NW — a major north–south arterial connecting downtown to the city's northern suburbs
  • Established neighbourhood retail node with surrounding multi-family and single-family residential demand drivers
  • Professionally managed by NADG (North American Development Group)

Property Details

  • Address 12940 and 12950 — 97 Street NW, Edmonton, AB

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Humaira
Naikyar
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