- For Sale $5,400,000
- Property Type Industrial
- Property Size 22,650 SF
- Lot Size 3.95 Acre
- Cap Rate % 7.36
- NOI / YR 397600
- Additional Rent Contact for pricing
- Date Updated Nov 14, 2024
NAI Commercial is pleased to present an opportunity to acquire approximately 22,650 SF multi-tenanted industrial investment property located at 11402 89th Avenue and 8906 114th Street, Fort Saskatchewan, AB. The Property represents a stable, income-producing asset operating on carefree NNN leases secured by multiple tenants. The Property is comprised of 2 separately titled parcels totaling 3.95 acres and with 2 standalone buildings totalling 22,650 square feet of leasable building area. Located off a busy Highway 15, the Property enjoys easy access to all major transportation routes that service Western Canada. There is also an opportunity for increased income through leasing the vacant unit and excess yard or the potential development of a new building.
Investment Highlights; Located on Veterans Way (Hwy 15); Fully Fenced Yard; Tenants on Net Leasesl; Below Market Rents; Owner User Opportunity
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Contacts
Location
Getting Around
-
Walk Score ®
18/100 Car-Dependent -
Bike Score ®
32/100 Somewhat Bikeable
- City Fort Saskatchewan, AB
- Neighborhood Heavy Industrial
- Postal Code T8L 2P1
Points of Interest
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Petro-Pass Cardlock
0.68 miles
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Fas Gas Plus
1.17 miles
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Mobil
1.32 miles
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Shell
1.73 miles
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Petro-Canada
2.74 miles
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7-Eleven
3.13 miles
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Co-op
3.28 miles
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Esso
8.59 miles
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Fort Sask Park & Ride
3.01 miles
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Pot's Grill & Bar
0.63 miles
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The Venue by Ken’s Catering
0.73 miles
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Sky Hy Pizza & Donair
0.79 miles
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Hanabi
0.82 miles
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Modo Mio
0.93 miles
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Eggcellent P’eats
0.95 miles
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VN Express
0.97 miles
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McDonald's
1.09 miles
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Subway
1.14 miles
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Humpty's Family Restaurants
1.16 miles
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Co-op
1.17 miles
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888 Asian Market
1.31 miles
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No Frills
1.43 miles
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Walmart Supercentre
1.52 miles
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Canadian Tire
1.62 miles
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Safeway
1.69 miles
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Freson Bros
3.40 miles
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Evergreen Super Market
8.96 miles
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Fort Station Medical Centre
0.68 miles
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Walter Thomas Station
1.18 miles
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Ross Creek Laser and Vein Clinic
1.28 miles
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Ross Creek Medical Clinic
1.29 miles
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Fort Saskatchewan Community Hospital
1.77 miles
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Shoppers Drug Mart
1.78 miles
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Riverpointe mettra Pharmacy
1.92 miles
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Riverpointe Medical Centre
1.92 miles
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Henwood Treatment Centre
8.97 miles
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Alberta Hospital Edmonton
9.25 miles
Frequently Asked Questions
How much does 11402 89 Avenue & 8906 114 Street cost?
The space currently listed for sale at 11402 89 Avenue & 8906 114 Street asks for $5,400,000.
What is the total square footage of 11402 89 Avenue & 8906 114 Street?
11402 89 Avenue & 8906 114 Street totals 22,650 square feet.
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Contact Listing Broker
Danny Su Is this you?
NAI Commercial | Vancouver