1721 10 Av SW - Warehouse FOR SALE


Medicine Hat, AB T1A 7S1
$2,490,000 CAD
403-526-1111
1721 10 Av SW, Medicine Hat, AB for Sale
$2,490,000 CAD
Warehouse - FOR SALE
1/1
null | 7.87% Cap Rate

1721 10 Av SW
Medicine Hat, AB T1A 7S1


HIGHLIGHTS

  • Clear span flex space with Two 10’ x 10’ OHD’s at grade and One 10’ x 10’ loading dock
  • Low maintenance, steel-clad exterior
  • Nicely finished reception/showroom with private and shared office spaces

OVERVIEW

Excellent investment opportunity at an effective cap rate of 7.75% with three years remaining on the lease term; 2026 rate escalation. The property is the long-time local branch of Wolseley Plumbing supply who has operated out of this location since 2003. The building’s design offers high ceilings and the clear span flex space (no columns) caters to a variety of users in case of future vacancy.

FOR SALE DETAILS

PRICE

$2,490,000 CAD

PRICE/SF

$162 CAD /SF

CAP RATE

7.87%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.7

LAND SF

30,677

ZONING

Business Industrial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Adam AndrewsCommercial One Team of RE/MAX Medalta Real EstateMore Info
403-526-1111

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Adam AndrewsCommercial One Team of RE/MAX Medalta Real EstateMore Info
403-526-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.