NATIONAL RETAIL INVESTMENT GROUP
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FOR SALE

Namao South
Edmonton, AB
Investment Highlights:
  • Dominant Retail Asset in the Submarket:  Shoppers Drug Mart anchor with Save-On-Foods shadow-anchor, and a highly complementary tenant mix driving strong traffic to the centre.
  • Superior Location & Demographics:  Situated within a 150,000 person trade area with strong household income and 1,000 ft of frontage onto a high-traffic corridor.
  • Diversified & Established Tenant Mix:  60.4% of tenants within the Property are national brands/covenants with a weighted average tenure of 10.5 years.
  • Stabilized Profile with Defensible Growth:  92.4% leased with a WALT of 4.2 years and rents that are 2.9% below market.
  • Attractive Assumable Debt:  Accretive assistance debt with 4+ years of term and a coupon rate of 2.26%.

Property Overview
Address:  ​15969 97 St NW, Edmonton, AB
Intersection:  97 Street and 160 Avenue
GLA:  108,011 SF
Site Area:  8.05 acres
Key Tenants:  Shoppers Drug Mart, MIC Medical Imaging, Dollarama, BMO, Subway, Pet Valu, Cobs Bread, Ace Liquor
Leased:  92.4%
WALT​:  4.2 years

Documents
Sign the Confidentiality Agreement
Download the Property Flyer

Property Location
Contact us for more information:
Matthew T. Smith*
Executive Vice President
National Retail Investment Group
416-304-6004
Email Matt
Nick Macoritto*
​
Executive Vice President
​National Retail Investment Group
416-238-5874
Email Nick
Mark Leshchyshyn*
Sales Associate
​National Retail Investment Group
416-304-6022
Email Mark
Adam D. Kilburn*
Senior Vice President
Capital Markets, Alberta
780-328-2584
Email Adam
Mark Swaenepoel*
Senior Vice President
Capital Markets, Alberta
780-328-2578
Email Mark
Andrew Simpson*
Senior Vice President
Capital Markets, Alberta
780-328-2579
Email Andrew
* Sales Representative

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Contact Us

JLL Canada
Bay Adelaide Centre, East Tower  |  22 Adelaide Street West, Suite 2600  |  Toronto, Ontario  |   M5H 4E3
Email: NRIG@am.jll.com   |   ​Telephone: ​+1 416 304 6022 

​© 2019 Jones Lang LaSalle, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.
Jones Lang LaSalle Real Estate Services, Inc., Real Estate Agency
For more information, pleaser refer to www.jll.ca/canada/en-ca/privacy-statement


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