11402 89th Avenue & 8906 114th Street Industrial FOR SALE


Fort Saskatchewan, AB
$5,200,000 CAD
604-691-6678
, Fort Saskatchewan, AB for Sale
$5,200,000 CAD
Industrial - FOR SALE
1/6
null | 7.65% Cap Rate

11402 89th Avenue & 8906 114th Street
Fort Saskatchewan, AB


HIGHLIGHTS

  • Located along high traffic Veterans Way (Hwy 15) with great visibility and easy access within Fort Saskatchewan industrial area
  • Tenants on net leases with current income of $397,600 (7.65% 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 addition
  • Fully fenced and partially paved yard
  • Recent upgrades to exterior façade and interior tenant improvements

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

Danny SuNAI Commercial VancouverMore Info
604-691-6678

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Danny SuNAI Commercial VancouverMore Info
604-691-6678

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