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$ 24,000,000
Est. payment | /mo
$ 24,000,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4428614
Year Built 2007
Property Description
INVESTMENT OPPORTUNITY: This is a rare chance to purchase a high-quality Class A industrial building with a strong long term tenant already in place. The property offers stable income with a triple-net lease. Built in 2007 and kept in excellent condition- with recently replaced roof- the facility includes modern features like, LED lighting, multiple bridge cranes, and a secure, fenced yard. Located on 8.35 acres with great access to major highways and transportation routes, this is a turnkey investment generating $1.6 million in annual income with a 7% cap rate. The lease runs until June 30, 2027 and the tenant has expressed interest in his option to renew.
Location
Province AB
Zoning Zone 41
Exterior
Roof Type See Remarks
Others
Tax ID 0031117799
Ownership Agent/Seller has Interest
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Calvin Halasz • RE/MAX Real Estate