12,600 ft²Industrial$3,150,000Sale
12,600 ft²
Industrial
$3,150,000
Sale
Justin Sorensen
Lizotte and Associates
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INVESTMENT OPPORTUNITY Capitalization rate ±6.8% National tenant in place Excellent high-profile location on Argyll Road Main floor 7,500 Sq. Ft. | Second floor 5,100 Sq. Ft. Site ratio 18% Seller willing to do 10 year leaseback Ample Natural light with floor-to-ceiling windows Close proximity to Whitemud, Sherwood Park Freeway, 50th Street Depth of site is approximately 255 feet and width is 166 feet
The Space
Asking Price$3,150,000
Available Space12,600 ft²
Property UseIndustrial / Investment property
Cap Rate6.8%
SourceDirect
The Building
Municipal Address: 8505 Argyll Road NW, Edmonton, AB Legal Address: Lot 4B, Block 3, Plan 0220535 Building Size: 12,600 Sq. Ft. (+/-) Lot Size: 42,302 Sq. Ft. (+/-) Zoning: Industrial Business Zone (IB) Parking: Ample/Asphalt paved Power: 300 Amps Heating: Exterior Hvac Units Ceiling Height: 22’ Loading: One 14’ x 10’ Bay Door Possession: Immediate/negotiable
Property TypeIndustrial
Building Size12,600 ft²
Lot Size42,302 ft²
ZoningIndustrial Business Zone (IB)
Highway Access
Transit Friendly
Up to $500K for Alberta businesses
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