Property Details

NW Edmonton Investment – 14728-119 Avenue, Edmonton, AB

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NW Edmonton Investment – 14728-119 Avenue, Edmonton, AB

Sale $6,400,000.00 - Investment
40,000 Sq.Ft on 1.67 Acres (+/-)  Print this page

NW EDMONTON INVESTMENT OPPORTUNITY

14728-119 AVENUE, EDMONTON, AB

FOR SALE

PROPERTY HIGHLIGHTS

  • Owner leaseback opportunity
  • 10 year lease
  • Strong covenant
  • 6.5% capitalization rate on income
  • Limited required capital expenditures
  • 40,000 sq. Ft on 1.67 Acres (+/-)
  • Fully improved
  • Upgraded mechanical air conditioning

PROPERTY INFORMATION

MUNICIPAL ADDRESS: 14728-119 Avenue, Edmonton, AB

LEGAL ADDRESS: Plan 1498NY, Block 3, Lot 7a

TYPE OF PROPERTY: Industrial

SIZE: 40,000 Sq.Ft on 1.67 Acres (+/-) available

ZONING: IM (Medium Industrial)

CEILING HEIGHT: 17’ 8”

POWER: 600 Volt 3 Phase

PARKING: 38 parking stalls

POSSESSION: Negotiable

LEASE BACK RATE: $12.00/Sq.Ft Net

PROPERTY TAXES: $78,104.00 (2017)

PURCHASE PRICE: $6,400,000.00 ($160/Sq.Ft)

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Chuck Clubine

Chuck is a 20-year veteran in Edmonton and area’s commercial real estate industry.  He has represented many large users of office and industrial space in a wide range of real estate transactions.  Over the years,…

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