Fort Saskatchewan, AB T8L 2P1,11402 89 AV
Fort Saskatchewan, AB T8L 2P1,11402 89 AV
Fort Saskatchewan, AB T8L 2P1,11402 89 AV
Fort Saskatchewan, AB T8L 2P1,11402 89 AV
Fort Saskatchewan, AB T8L 2P1,11402 89 AV
Fort Saskatchewan, AB T8L 2P1,11402 89 AV
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$ 5,600,000
Est. payment | /mo

22,651 SqFt


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$ 5,600,000
Est. payment | /mo
Save

22,651 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type for sale

Square Footage 22,651 sqft

Price per Sqft $247

MLS® Listing ID E4358405

Year Built 1976

Property Description

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.

Location

State AB

Community Light Industrial Park

Area Fort Saskatchewan

Listed by Derek Claffey • NAI Commercial Real Estate Inc
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11402 89 AV