Ellerslie Landing is located at 9204 Ellerslie Road SW in Edmonton, Alberta.

Information

Size: 40,166 Sq ft
Year bought: 2010
Purchase Price:
Current status: still generating income for investors

Due to the current volatility of the USD & the increasing strength of the CAD, exchange rates may vary significantly. Please check with us for the latest rate.

Notes

• Ellerslie Landing is a multi-tenant strip plaza (approximately 25,371 sq. ft on 3.14 acres of land)
• 129 parking stalls.
• Buildings were completed in 2008.
• Well maintained.
• Excellent visibility and high exposure with daily traffic counts of 23,100 vehicles per day (2007) on Ellerslie Road and 14,100 vehicles per day (2007) on 91 Street SW. The property is located on the north side of Ellerslie Road and is accessible to both eastbound and westbound traffic.
• The property consists of 4 free-standing, single storey buildings positioned on a site that offers ample parking.
• The immediate area along Ellerslie Road has developed into a strong retail corridor with numerous notable tenants such as Rexall, Starbucks, Shoppers Drug Mart, Tim Hortons, RBC, TD, Scotiabank, CIBC and BMO.
• Significant traffic generators in the area are the many new industrial and office developments.
• Some of the new office development in the area includes Ellwood Office Park (63,000 Sq. ft), Ellwood Business Centre (33,000 sq. ft.), The Steppes (73,000 sq.ft.) and Summerside Business Centre (29,000 sq.ft.)
• Another potential traffic generator will be the future NAIT campus site to the southwest of the property. The original plan for the campus, which is situated on a 151 acre parcel of land, was to be home to about 12,600 students by 2016.
• A number of hotels are located just minutes away to the west along Ellerslie Road and include a Best Western Inn, a Sheraton Hotel, a Hampton Inn and a Sandman Hotel.

About Edmonton

• Edmonton is the capital city of Alberta
• Diversified local economy
• GDP of CAD44 billion+, well ahead of many other Canadian provinces
• Service centre for multibillion-dollar oil sands and natural gas developments
• Canada’s second largest manufacturing cluster, second only to Ontario’s Golden Triangle in manufacturing
• Strategic location in the Calgary-Edmonton corridor, the region that is leading the continent economically
• Experiencing longest period of sustained growth in past 25 years. The Conference Board of Canada ranked Edmonton number one city for growth in 2004
• A 2006 KPMG study ranked Edmonton as worlds’ number one city to do business
• Economic strength, high local disposable income, low unemployment rate and very strong housing market all bode well for local retail sector

Street Map

For a larger street map, or to get directions from where you are to this property, please click here.