Fort Saskatchewan, AB T8L2P1 11402 89 Avenue
$5,400,000
Pending
3 more
Presented By: Courtesy of Derek C Claffey of NAI Commercial Real Estate Inc.
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