What is the asking price for Northgate Professional Building?

The lease rate for space here is Contact for pricing.

What is the total size of Northgate Professional Building?

The property has a total square footage of 10,836 SF.

How many parking spaces are available at Northgate Professional Building?

Parking information for the property isn't currently listed. However, other nearby parking options include O'Leary Parking Lot, located 0.81 miles away , and Glengarry Arena Parking, which is 0.97 miles away.

12950 97 Street Northwest, Edmonton, AB 543

For Sale $2,450,000
Property Type Other
Property Size 10,836 SF
Date Updated May 18, 2026

Description

REMAX Commercial Excel is pleased to present the exclusive sale of the Northgate Professional Building, a fully-tenanted two-storey mixed-use asset positioned on Edmonton's 97 Street NW arterial corridor. The property delivers a stabilized rent roll anchored by an investment-grade pharmacy and medical clinic, complemented by a diversified mix of established retail and professional office tenants.

Long-term anchor: 10-year pharmacy & medical clinic lease commencing 2026, with five contractual rent escalations and two five-year market-rate renewal options
Diversified income stream across healthcare, convenience, cannabis retail, professional services, and security
Contractual rent escalations substantially across all leases provide built-in NOI growth through hold period
One vacant 778 SF second-floor suite offering immediate lease-up upside
Located on Edmonton's 97 Street NW — a major north–south arterial connecting downtown to the city's northern suburbs
Established neighbourhood retail node with surrounding multi-family and single-family residential demand drivers
Professionally managed by NADG (North American Development Group)