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 extending the lease term with new owner.
Address
3115 93 ST NW SE
List Price
$24,000,000
Property Type
Commercial Sale
Transaction Type
sale
Area
Edmonton
Sub-Area
Parsons Industrial
Year Built
2007
MLS® Number
E4428614
Listing Brokerage
RE/MAX Real Estate
Postal Code
T6N 1L7
Zoning
Zone 41
Construction Materials
Concrete
Roof
See Remarks
