Fort Saskatchewan, AB T8L 2P1,11402 89 AV
Fort Saskatchewan, AB T8L 2P1,11402 89 AV
Fort Saskatchewan, AB T8L 2P1,11402 89 AV
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$5,600,000
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22,651 SqFt
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11402 89 AV Fort Saskatchewan, AB T8L 2P1

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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


Listed by Derek Claffey • NAI Commercial Real Estate Inc

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Jay Patel

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+1(825) 889-5383

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11402 89 AV