Property

Fort Saskatchewan, AB T8L2P1 11402 89 Avenue

Pending
11402 89 Avenue Fort Saskatchewan, AB - Image 111402 89 Avenue Fort Saskatchewan, AB - Image 211402 89 Avenue Fort Saskatchewan, AB - Image 3
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11402 89 Avenue Fort Saskatchewan, AB - Image 411402 89 Avenue Fort Saskatchewan, AB - Image 511402 89 Avenue Fort Saskatchewan, AB - Image 611402 89 Avenue Fort Saskatchewan, AB - Image 7
Presented By: Courtesy of Derek C Claffey of NAI Commercial Real Estate Inc.
  • MLS# E4358405
  • 09/14/2023
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  • SQFT • 22,651

Home Details

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
Presented By: Courtesy of Derek C Claffey of NAI Commercial Real Estate Inc.

Interior Features for 11402 89 Avenue

Other Interior Features

Fireplace Y/NNo
Heating Y/NNo

General for 11402 89 Avenue

CityFort Saskatchewan
Construction MaterialsMixed
FULLPrivate
Garage Y/NNo
Home Warranty Y/NNo
Living Area UnitsSquare Feet
MLS AreaLight Industrial Park
ModificationTimestamp2024-12-17T17:01:46.300Z
Property TypeCommercial Sale
Standard StatusPending
StatusPending
Year Built1976
ZoningZone 62

Exterior for 11402 89 Avenue

Irrigation Water Rights Y/NNo

Additional Details

Calvin Realty Team

Price $5,400,000
MLS#E4358405
List Date 09/14/2023
Property Type Pending
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