fireside property - Omada Commercial

FIRESIDE PROPERTY
UE
FO
12
1A
VE
N
RT
RO
AD
39,100 VPD
7240 118 AVENUE I EDMONTON I AB
COLISEUM CARS
120 AVENUE
TC
AP
I
TA
L
LI
NE
120 AVENUE
LR
AXE MUSIC
119 AVENUE
(56,900 VPD TOTAL)
WAYNE GRETZKY DRIVE
ER
RID
0
,13
10
ON
AT
I
HUSKY
SPORTS CENTRAL
NAPA AUTO
HUGHES
EAGLEGLEN INN
SE
UM
ST
COLISEUM INN
PARKADE
(56,900 VPD TOTAL)
COLISEUM
COLISEUM INN
119 AVENUE
WAYNE GRETZKY DRIVE
S
119 AVENUE
LI
118 AVENUE
CO
(19,800 VPD)
NORTHLANDS
▪
HIGHLIGHTS
▪ Stand-alone building and land available
▪ Access and exposure to 118 Avenue and
Wayne Gretzky Drive (Southbound)
▪ 25 surface parking stalls
▪ Existing restaurant build-out
▪ Current business has operated here in
a profitable manner for over 40 years
▪ Phase I & II Environmental Site Assessment (2016)
and Appraisal (2015) are available
Eric Slatter
Partner
780.540.5322
eric.slatter@omada-cre.com
Omada Commercial (A Division of Logic Realty)
2104 Bell Tower, 10104 103 Avenue
Edmonton, Alberta T5J 0H8
780.540.5320 I omada-cre.com
RETAIL
FOR SALE
Omada Commercial (A Division of Logic Realty)
2104 Bell Tower, 10104 103 Avenue
Edmonton, Alberta T5J 0H8
780.540.5320 I omada-cre.com
FEATURES
▪ Building Size: 4
,049 SF main floor
3,608 SF basement
▪ Zoning: ▪ Land Size: 10,581 SF
▪ Year Built:
1974 (3 subsequent major renovations)
▪ Signage: Fascia and pylon
▪ Municipal: 7240 118 Avenue, Edmonton, AB
▪ Area:
Northlands & Montrose
▪ Legal: Lots 1-4, Block 2, Plan RN98
▪ Asking: $1,500,000
▪ Access: Wayne Gretzky Drive & 118 Avenue
FIRESIDE PROPERTY
CO (Commercial Office Zone)
▪ Parking: 25 surface parking stalls
Phase I & II Environmental Site Assessment (2016)
and Appraisal (2015) are available
7240 118 AVENUE I EDMONTON I AB
(56,900
(5
E
KY DRIV
GRE TZ
)
WAYN6E,900 VPD TOTAL
E
ZKY DRIV
T
E
R
G
E
AL)
WAYN
VPD TOT
COLISEUM INN
PARKADE
118 AVENUE
(19,800 VPD)
E
N
LI
ET
P
97 S
FORT ROAD
TRE
HUSKY
PETRO CANADA
T
LR
CA
SAFEWAY
SCOTIA BANK
MONTROSE SCHOOL
SUBWAY
COLISEUM
KFC
EPL HIGHLANDS
CIBC
7-ELEVEN
PIZZA 73
L
ITA
7-ELEVEN
TD BANK
118 AVENUE
SHOPPER DRUG MART
118 AVENUE
118 AVENUE
HIGHLAND SCHOOL
MT. ROYAL SCHOOL
EAST GLEN
NORTHLANDS EXPO
HIGHLAND COMMUNITY LEAGUE
EPL SPRUCEWOOD
NORTHLANDS PARK
95 ST
R
SAVE-ON-FOODS
SUBAWY
112
MCDONALD’S
HIGHLANDS GOLF COURSE
EAST EDMONTON
HEALTH CENTRE
112 AVENUE
COMMONWEALTH PLACE
N
AVE
E
IV
DR
PANAGO
FIRE STATION
UE
Y
ZK
ET
GR
EET
FO
NE
AY
W
RO
82 STREET
AD
RT
CITY SWIMMING POOL
VIRGINA PARK ELEMENTARY
CONCORDIA UNIVERSITY
LR
T
CA
PI
TA
L
LI
N
E
E
VENU
111 A
FIRESIDE PROPERTY
7240 118 AVENUE I EDMONTON I AB
NORTHLANDS - VISION 2020
Northlands Vision 2020 is about creating brilliant experiences 365 days a year for Edmontonians, Alberta and
the world. It substantially changes the face of the 160-acre campus and creates signature events, sporting and
festival space the likes of which our city has not yet seen. Vision 2020 will make Northlands the home of largescale, unforgettable experiences for many years to come.
Rexall Place will be transformed into the Northlands Ice Coliseum, a facility that will include seven sheets of ice
to serve the hockey and recreation needs of the community with an additional retail development.
Northlands Park Racetrack & Casino will turn into the Northlands Urban Festival Site, a large park that plays host
to massive-scale concerts, midways, major festivals and rodeos. One of the large halls is set to be refurbished
into a 5,000 seat concert space and sports arena.
To complement these major redevelopments, Vision 2020 will need additional shopping, food & beverage and
even accommodations to ensure every visitor has an exceptional experience.
Omada Commercial (A Division of Logic Realty)
2104 Bell Tower, 10104 103 Avenue
Edmonton, Alberta T5J 0H8
780.540.5320 I omada-cre.com
FIRESIDE PROPERTY
KY
RETZ
NE G
WAY DRIVE
7240 118 AVENUE I EDMONTON I AB
118 AVENUE
DEMOGRAPHICS
▪ 2 km Radius I 2016
POPULATION
AGE
▪ 27,573 residents
▪ 0-19 = 19.7%
▪ 40-59 = 33.7%
▪ 16,100 daytime population
▪ 20-39 = 28.5%
▪ 60 Plus = 18.2%
▪ 1.4% growth (2010-2015)
▪ Median = 37.6yrs
▪ 5.1% projected growth (2015-2020)
INCOME
This disclaimer shall apply to Omada Commercial, a division of Logic Realty; to
include all employees and independent contractors (“Omada”). The information
contained herein was obtained from sources deemed to be reliable and is believed
to be true; it has not been verified and as such, Omada does not represent, warrant or
guarantee the accuracy, correctness and completeness of the information. 160909
▪ Average household income of $72,150
▪ 22.2% of households earn more than $100,000
▪ 20.8% of households earn $60,000 to $100,000
TRAFFIC
▪ 56,900 VPD on Wayne Gretzky Drive north of 116 Avenue
Eric Slatter
Partner
780.540.5322
eric.slatter@omada-cre.com
Omada Commercial (A Division of Logic Realty)
2104 Bell Tower, 10104 103 Avenue
Edmonton, Alberta T5J 0H8
780.540.5320 I omada-cre.com
RETAIL
FOR SALE
MAIN FLOOR
BASEMENT