OVERVIEW

PRICE REDUCED! High profile investment opportunity in the Jasper Avenue corridor. New residential development to the south (Capital Apartments), west (Mayfair on Jasper) and north (The Parks – under construction: 1,050 new residential units upon completion) in addition to other residential development west along the Jasper Avenue corridor. Surrounded by Alberta Health Services Building, Peace Hills Trust Tower, Intact Insurance Building, First Edmonton Place, WSP Building Retail in the area includes Canterra Place (Save On Foods, Popeyes, Love Pizza, Pet Value, Blenz Coffee, Burger Priest, ACE Liquor and others); Central Social Hall, Cactus Club, The Pint, Greta, Local Public Eatery and other street front retail along Jasper Avenue & 109 Street. In close proximity to Grant MacEwan University with close to 20,000 students (104 Avenue & 108 Street) In close proximity to Ice District and Rogers Place, home of the Edmonton Oilers (104 Avenue & 104 Street). In close proximity to the Government district and the Alberta Legislature (108 Street & 97 Avenue). Tenant is willing to exercise renewal option early, which would provide 8 years, or more, of term remaining. New outdoor patio covering the entire exterior of the site, built in 2022. New roof and HVAC.