1035 & 1039 Parson Road SW Edmonton AB
Edmonton Edmonton T6X 0X2

$1,398,800
Retail

Status:
Active
Prop. Type:
Retail
MLS® Num:
45888404
* Sold date and price are as reported on the RAE’s MLS® system
Fully leased retail investment offered at an approximately 6% cap rate in South Edmonton. Offered together, these two retail condominium properties comprise approximately 2,503 sq. ft.: 1035 Parsons Road SW offers approximately 1,174 sq. ft., and 1039 Parsons Road SW offers approximately 1,329 sq. ft. Occupied by an Indian restaurant and a pizza restaurant under long-term net leases, the offering features in-place rental income, scheduled contractual rent increases, and tenant renewal options. Sale includes real estate only; tenant businesses are excluded. Buyer to assume existing tenancies and leases, including the landlord’s obligations thereunder. Cap rate is based on the asking price and stated net operating income, subject to buyer verification.
Property Type:
Retail
Transaction Type:
For Sale
Price Per SqFt:
$558.85
Lot Area:
1,089 sq. ft.
Bathrooms:
- (Full:-/Half:-)
Days On Website:
8 day(s)
Courtesy of Sukh Somal of MaxWell Polaris
Data was last updated November 6, 2026 at 11:30 PM (UTC)
Data last updated on November 6, 2026 at 11:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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