Courtesy Of Derek Claffey Of NAI Commercial Real Estate Inc
About 11402 89 Av
NAI Commercial is pleased to present an opportunity to acquire 22,651.5 SF multi-tenanted industrial investment property located at 11402 89 Avenue and 8906 114 Street, Fort Saskatchewan, AB (“the Subject Property”). The Subject Property represents a stable, income-producing asset operating on carefree NNN leases secured by various tenants. NOI: $364,000 at an asking cap rate of 6.5%. 94.7% leased. Fully fenced yard. Located on Veterans Way (HWY 15). 3.95 Acres.
Features of 11402 89 Av
MLS® # | E4358405 |
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Price | $5,600,000 |
Square Footage | 22,651 |
Acres | 0.00 |
Year Built | 1976 |
Type | Industrial |
Zone | Zone 62 |
Community Information
Address | 11402 89 Av |
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Area | Fort Saskatchewan |
Subdivision | Light Industrial Park |
City | Fort Saskatchewan |
Province | AB |
Postal Code | T8L 2P1 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Fireplace | No |
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Has Basement | No |
Exterior
Construction | Mixed |
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Additional Information
Date Listed | September 14th, 2023 |
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RE / Bank Owned | No |
Handyman Special | No |
Listing Details
Office | Courtesy Of Derek Claffey Of NAI Commercial Real Estate Inc |
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