This property is listed by Derek Claffey of Nai Commercial Real Estate Inc.
Data was last updated 2024-11-26 at 14:19:06 GMT
$5,400,000
11402 89 AV Fort Saskatchewan, AB
The Subject Property represents a stable, income-producing asset operating on carefree NNN leases secured by various tenants. It is comprised of 2 separately titled parcels totaling 3.95 acres with 22,651.50 square feet of leasable building area. Located off a busy Highway 15, this property has easy access to all major transportation routes that service Western Canada as well as global markets. ? Located along high traffic Veterans Way (Hwy 15) with great visibility and easy access within Fort Saskatchewan industrial area ? Strong Tenants on net leases with current income of $397,600 (7.36% Cap Rate) ? 94.7% occupied with an additional 1,200 Sq.Ft. office/storage garage remaining. Could be utilized by new owner or potential to lease out for additional income ? Fully fenced and partially paved yard ? Recent upgrades to exterior façade and interior tenant improvements
Listing Information
- Prop. Type:
- Industrial
- Status:
- Active
- City:
- Fort Saskatchewan
- MLS® Number:
- E4358405
- Neighbourhood:
- Light Industrial Park
- Area:
- Fort Saskatchewan
- Province:
- AB
- Listing Price:
- $5,400,000
General Information
- Year Built:
- 1976
- Zoning/Land Use Code:
- For Sale
- Region:
- Fort Saskatchewan
Additional Information
- Plan:
- 8120318
- Legal Lot/Unit:
- 1 & 2
Other Information
- Land Size Hectares:
- 0
- Building Type:
- Commercial Mix, Multi Tenant/Multi Plex, Warehouse
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Anu Khullar
RE/MAX River City
282 Calgary Trail NW, Edmonton, Alberta
Office: 780-439-7000
Fax: 866-293-5424
RE/MAX River City
282 Calgary Trail NW, Edmonton, Alberta
Office: 780-439-7000
Fax: 866-293-5424
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.