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11402 89 AV Fort Saskatchewan, AB T8L2P1
22,651 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 22,651 sqft
Price per Sqft $238
Subdivision Light Industrial Park
MLS® Listing ID E4358405
Originating Board REALTORS® Association of Edmonton
Year Built 1976
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 façade and interior tenant improvements (id:24570)
Location
Province AB
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by NAI Commercial Real Estate Inc
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