Ahmad Sai - 780-982-1119

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Ahmad Sai
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Industrial in Spruce Grove

$1,895,000.00
5 ALBERTA AV - MLS® #: E4387365
  • (234)
215
  • 70
  • 217
  • 0 Bedrooms
  • 0 Bathrooms
  • 9280 Sq Ft
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Ahmad Sai
780-982-1119
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Property Type

Industrial

Description

This 9,280 +/- sq.ft. 5 bay Condominium Building is fully rented. Built in 1980 this 116' x 80' building features each bay is approximately 1876 sq ft on the main level each with a Mezanne level of approximately 750 sq ft. This well established building is located in Spruce Grove Industrial Park and is set on a corner lot of 1.00 +/- acres. Each Bay has a large 12' overhead door, separate man doors with full power to operate the businesses. Ample Parking. All leases in place have the tenants covering the utilities. This property is easily accessible via Highway 16/16A, Highway 627,and Golden Spike Road allowing a quick commute to Acheson, Edmonton,Nisku and Leduc. Zoned M1 General Industrial. NOI 115,386; Cap Rate of 6.1%. (id:6769

Property Details

Subarea
Diamond Industrial Park

Lot
0

Year Built
1980

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Listing data last updated date: 2024-05-28 03:43:10

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Listing Agent: Shelly D. Reddy

Brokerage: Royal Lepage Arteam Realty