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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