Property Details

Fully Leased Investment Opportunity – SOLD

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Fully Leased Investment Opportunity – SOLD

SOLD $3,300,000 -
16,000 Sq.Ft on 0.72 Acres (+/-)  Print this page

FULLY LEASED INVESTMENT OPPORTUNITY

10924-119 STREET, EDMONTON, AB

SOLD

PROPERTY HIGHLIGHTS

  • 16,000 Sq.Ft on 0.72 Acres (+/-)
  • Fully leased single tenant industrial/office building
  • Approximately 10 years remaining on a 15 year term
  • Brand new roof and HVAC units
  • Approximately 7.3% cap rate

PROPERTY INFORMATION

MUNICIPAL ADDRESS: 10924-119 Street, Edmonton, AB

LEGAL: Plan 3256HW, Block 19, Lot B, East half of Lot B

BUILDING SIZE: 16,000 Sq.Ft (+/-)

SITE SIZE: 0.72 Acres (+/-)

ZONING: IM (Medium Industrial)

LEASE DETAILS:

  • NOI: $242,170.00 average over 10 years
  • LEASE EXPIRY: July 2026
  • TENANT: Technicare Imaging Ltd.

PURCHASE PRICE: $3,300,000.00 (7.3% Cap Rate)

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Alex Heintz

Alex is an integral member of the Lizotte team. With several years of sales and leasing experience in the Edmonton marketplace, Alex has been a perennial top achiever. Having received numerous local and national awards for…

  • Office : 780.784.6555
  • Mobile : 1.780.905.9925
  • Fax : 780.483.2277

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Kyle Bartkus

Kyle is currently in his sixth year of Commercial Real Estate in Edmonton. He has a Bachelor’s degree in Business Management from Concordia University College of Alberta and intends on pursuing further education in the near…

  • Office : 780.784.6556
  • Mobile : 780.504.2873
  • Fax : 780.483.2277

Contact

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