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$5,600,000
Est. payment /mo
22,651 SqFt
Active
11402 89 AV Fort Saskatchewan, AB T8L 2P1
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
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Derek Claffey • NAI Commercial Real Estate Inc