Courtesy Of Derek Claffey Of NAI Commercial Real Estate Inc

11402 89 Av, Fort Saskatchewan, AB

$5,600,000

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22,651

Square feet

About 11402 89 Av

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.

Features of 11402 89 Av

MLS® # E4358405
Price $5,600,000
Square Footage 22,651
Acres 0.00
Year Built 1976
Type Industrial

Community Information

Address 11402 89 Av
Area Fort Saskatchewan
Subdivision Light Industrial Park
City Fort Saskatchewan
Province AB
Postal Code T8L 2P1

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Construction Mixed

Additional Information

Date Listed September 14th, 2023
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Derek Claffey Of NAI Commercial Real Estate Inc

Listing Map

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