3115 93 ST NW SE new

Edmonton,AB T6N1L7

$ 24000000

- Bed

- Bath

152337 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 152,337 sqft

Price per Sqft $157

Subdivision Parsons Industrial

MLS Listing ID E4428614

Originating Board REALTORS® Association of Edmonton

Year Built 2007

Property Description

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 his option to renew. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

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