33850 Industrial Ave - Warehouse FOR SALE


Abbotsford, BC V2S 7T9
$21,500,000 CAD
604-757-4960
33850 Industrial Ave, Abbotsford, BC for Sale
$21,500,000 CAD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

33850 Industrial Ave
Abbotsford, BC V2S 7T9


HIGHLIGHTS

  • Industrial investment opportunity, with long-term redevelopment upside
  • Long-term lease in-place with a strong covenant tenant
  • Market rents in place with growth over term
  • Manufacturing style facility with high-end office finishings
  • Multiple grade-level loading doors and docklevel platform
  • Yard area allows for outside storage and truck parkin

OVERVIEW

33850 Industrial Avenue features an extremely rare opportunity to acquire a low-site coverage freestanding industrial property with a strong covenant tenant in-place and mid-term development potential. The property is comprised of 81,050 sf of building area on 6.31 acres and features outstanding exposure to Highway 11

FOR SALE DETAILS

PRICE

$21,500,000 CAD

PRICE/SF

$265 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

UTILITIES

Lighting

CLEAR CEILING HT

17 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

15

LAND DETAILS

LAND ACRES

6.31

LAND SF

274,864

ZONING

I2

APN/PARCEL ID

008618089

ASK ABOUT THIS PROPERTY

Garth WhiteAvison Young Commercial Real EstateMore Info
604-757-4960

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Garth WhiteAvison Young Commercial Real EstateMore Info
604-757-4960

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