11402 89 AV, Fort Saskatchewan

2023-09-14
 

Quick Summary

Location
11402 89 AV, Fort Saskatchewan, Alberta T8L2P1
Price
$5,400,000 CAD
Status:
For Sale
Property Type:
Industrial
Area:
22651ft2
Year of Construction:
1976
Brochure Link:

MLS®#E4358405

Property Description

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 faade and interior tenant improvements (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 22651 sqft

Information entered by NAI Commercial Real Estate Inc
Listing information last updated on: 2024-09-20 20:46:22


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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