8
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$5,400,000
Est. payment /mo
Active
11402 89 AV Fort Saskatchewan, AB T8L 2P1
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4358405
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
Location
Province AB
Zoning Zone 62
Others
Tax ID 0010136612
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Derek C Claffey • NAI Commercial Real Estate Inc
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