$5,600,000
11402 89 AV Fort Saskatchewan, AB T8L 2P1
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$5,600,000
Est. payment /mo
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
Province AB
Community Light Industrial Park
Area Fort Saskatchewan
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Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Derek Claffey • NAI Commercial Real Estate Inc
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