Property Details

Investment Opportunity – SOLD

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Investment Opportunity – SOLD

SOLD Sold
31,362 Sq.Ft (+/-)  Print this page

CAMERON CANADA FACILITY

6908-42 STREET, LEDUC, AB

SOLD

PROPERTY HIGHLIGHTS

  • Class ‘A’ single tenant building
  • Carefree long-term lease
  • Located in the heart of Leduc Business Park (‘LBP’)
  • Superb access to Hwy 19, Hwy 624 and the QE II
  • General purpose building with 26′ ceilings

PROPERTY INFORMATION

MUNICIPAL ADDRESS: 6908- 42nd Street, Leduc, AB

NEIGHBOURHOOD: Located in the heart of Leduc Business Park, which has evolved into one of North America’s major oil field related industrial parks.

LEGAL DESCRIPTION: Plan 1322899, Block 12, Lot 26

LEASABLE AREA

  • Office: 9,582 Sq.Ft
  • Shipping: 6,600 Sq.Ft
  • Warehouse: 15,180 Sq.Ft
  • Total: 31,362 Sq.Ft (+/-)

BUILDING LAYOUT: 30.55% Office and 69.45% Industrial space.

SITE SIZE: 5.08 Acres (+/-)

SITE COVERAGE: 9.84%

YEAR CONSTRUCTED: 2014

PARKING:82 (30 Energized Stalls)

ZONING: IM (Medium Industrial)

CURRENT OCCUPANCY: 100%

PROPERTY TAXES: 2014 Budgeted: $69,139 ($2.20 per Sq.Ft)

YEAR: Year 1 to 5 NOI of $1,012,315 with NOI growth to $1,075,039 in Year 6-10

TENANT: Cameron Canada Corporation

FINANCING: Free and clear of debt

PURCHASE PRICE: $14,500,000.00

CRANES: 2 x 20 TONNE, 2 x 30 TONNE

POWER: 1200 amp/ 480 Volt

ADDITIONAL INFORMATION AVAILABLE UPON A SIGNED CONFIDENTIALITY AGREEMENT

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Richard Lizotte

Being the Broker and President. Richard is an integral part of the Lizotte and Associates Real Estate Inc team, consistently performing at a high level during his ten years in commercial real estate. Prior to…

  • Office : 780.784.5360
  • Mobile : 780.292.1871
  • Fax : 780.483.2277

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Harris Pipella

Harris brings a strong work ethic along with 10 years of sales experience to Lizotte and Associates Real Estate Inc. He is a trusted team player with a professional focus on the industrial market. Harris is…

  • Office : 780.784.5353
  • Mobile : 780.905.2729
  • Fax : 780.483.2277

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