Cushman & Wakefield Edmonton is independently owned and operated / A Member of the Cushman & Wakefield Alliance. No warranty or representation express or implied is mad to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property for properties in question. April 6, 2020

Cushman & Wakefield EdmontonSuite 2700, TD Tower10088 102 AvenueEdmonton, AB T5J 2Z1 cwedm.com

INVESTMENTOPPORTUNITY

FULLY LEASED ENCLOSED SHOPPING MALL

1300 SHOPPERS PARK MALL, GRANDE CACHE, AB

Brandon KuhnAssociate 780 916 9671 brandon.kuhn@cwedm.com

Adrian AmbrozukAssociate Partner 780 733 6406 adrian.ambrozuk@cwedm.com

Kyle BartonAssociate 780 733 6409 kyle.barton@cwedm.com

PROPERTYDETAILS

• Municipal Addresses: 1300 Shoppers Park Mall, Grande Cache

• Legal Addresses: Plan 858TR, Block 9, Lot 13A & Plan 4055RS, Block 9, Lot 20A

• Zoning: C-1 – Town Centre Commercial

• Year Built: 1969, Fully Renovated

• Building Size: 47,934 SF

• Gross Leasable Area: 37,855 SF

• Site Size: 1.19 Acres

• Capitalization Rate: 7.72%

• Location: Well located within the centre of the main retail district in Grande Cache’s town centre, alongside and with exposure to Highway 40 which provides access both into and out of the Town

• Nearby Amenities: Surrounded by numerous amenities including restaurants, coffee shops, bars, hotels and various retail stores, including Co-Op Foods, Servus Credit Union, Home Hardware, Subway, the Town of Grande Cache’s municipal offices, Royal Canadian Legion, Financial Services, and a pharmacy, medical and dental office

• Parking: Ample surface parking adjacent to the site, owned and maintained by the Town of Grande Cache

Improvements: Full interior and exterior renovations completed throughout the past five years totaling $1,200,000, including but not limited to:

• New top membrane and capping across entire roof• New interior and exterior signage• All common area flooring• Interior and exterior painting

• New LED lighting throughout • New marble and metal panel exterior façade

• Fully sprinklered

• Upgraded mechanical systems

PROPERTYDETAILS

Subway 1

Home hardware 2

Co-Op Foods 3

Town of Grande Cache 4 municipal offices

A&W 5

The Source 6

Royal Canadian Legion 7

Grande Cache Pharmacy 8

Grande Cache dental care 9

Sobeys Liquor 10

H&R Block 11

Telus 12

Hospital 13

Hotels/Motels .

12

3

567

89

11

10

13

44

TENANT PROFILESNumerous long-term tenancies in place, including the following anchor tenants:

Canada Post Tenant since 1999. Crown corporation which functions as the primary postal operator in Canada. Employs 64,000 people over 6,400 offices with revenues totalling $8.2 billion (2017).

CIBC Tenant since 1998. One of the “Big Five” banks in Canada, CIBC employs over 40,000 people and services more than eleven million clients worldwide.

Home Hardware Privately held Canadian home improvement, construction materials, and furniture retailer with over 1,100 stores, and revenues exceeding $4.85 billion (2010)

ATB Financial Crown corporation owned by the Province of Alberta, providing financial services to over 753,000 Albertan residents and businesses, with over 5,500 employees and revenues of $1.7 billion (2018).

Fournier Drugs (Guardian Pharmacy) Tenant since 1970. IDA and Guardian pharmacies have been in operation since 1932 and 1964, respectively, and operate over 900 pharmacies coast to coast.

RE/MAX Mountain Realty Tenant since 1970. Operating in approximately 100 countries, RE/MAX has over 100,000

agents throughout 6,800 offices, and revenues of roughly $177 million (2015).

THE OFFERINGThe Property is being offered to the market at

$5,200,000 (7.72% Capitalization Rate).

Please contact agents for financial details.

The Vendor is calling for all Offers or Expressions of Interest for the

Properties to be submitted. All inquiries and expressions of interest

for the acquisition of the Properties should be directed to Cushman

& Wakefield Edmonton as the Exclusive Agent for the Vendor. Upon

the execution of the Vendor’s form of Confidentiality Agreement

(“CA”), qualified prospective purchasers will be provided with access

to additional detailed due diligence information. The Vendor reserves

the right to deal with Offers received on a first submission basis and

encourages all interested purchasing parties to submit their formal

interest upon review of the confidential information.

cwedm.com

Brandon KuhnAssociate

780 916 9671 brandon.kuhn@cwedm.com

Adrian AmbrozukAssociate Partner

780 733 6406 adrian.ambrozuk@cwedm.com

Kyle BartonAssociate

780 733 6409 kyle.barton@cwedm.com