11402 89 Avenue & 8906 114 Street

For Sale

11402 89 Avenue & 8906 114 Street, Fort Saskatchewan, AB T8L 2P1

This Fort Saskatchewan property for sale is located at 11402 89 Avenue & 8906 114 Street. The current listed sale price for 11402 89 Avenue & 8906 114 Street is $5,400,000. 11402 89 Avenue & 8906 114 Street is situated on a lot that is 3.95 acre in size.

Contacts

broker

Danny Su

NAI Commercial | Vancouver

broker

Derek Claffey

NAI Commercial | Edmonton

Property Details

  • Property Type Industrial
  • Property Size 22,650 SF
  • Lot Size 3.95 Acre
  • Cap Rate % 7.36
  • NOI / YR 397600
  • Additional Rent Contact for pricing
  • Date Updated Sep 12, 2024

 

NAI Commercial is pleased to present an opportunity to acquire approximately 22,650 SF multi-tenanted industrial investment property located at 11402 89th Avenue and 8906 114th Street, Fort Saskatchewan, AB. The Property represents a stable, income-producing asset operating on carefree NNN leases secured by multiple tenants. The Property is comprised of 2 separately titled parcels totaling 3.95 acres and with 2 standalone buildings totalling 22,650 square feet of leasable building area. Located off a busy Highway 15, the Property enjoys easy access to all major transportation routes that service Western Canada. There is also an opportunity for increased income through leasing the vacant unit and excess yard or the potential development of a new building.

Investment Highlights; Located on Veterans Way (Hwy 15); Fully Fenced Yard; Tenants on Net Leasesl; Below Market Rents; Owner User Opportunity 

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Getting around

  • 18/100

    Walk Score ®

  • 32/100

    Bike Score ®

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Location

  • City Fort Saskatchewan, AB
  • Neighborhood Heavy Industrial
  • Postal Code T8L 2P1

Points of Interest

  • Fas Gas

    1.17 miles

  • Mobil

    1.32 miles

  • Safeway

    1.73 miles

  • Husky

    3.28 miles

  • Petro-Canada

    7.38 miles

  • Tempo

    8.96 miles

  • Shell

    9.52 miles

  • Fas Gas

    9.69 miles

  • The Venue by Ken’s Catering

    0.73 miles

  • Sky Hy Pizza & Donair

    0.79 miles

  • Hanabi

    0.82 miles

  • Modo Mio

    0.93 miles

  • VN Express

    0.97 miles

  • McDonald's

    1.09 miles

  • KFC/Taco Bell

    1.19 miles

  • Pizza 73

    1.21 miles

  • Pizza Hut

    1.27 miles

  • Dairy Queen

    1.36 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 11402 89 Avenue & 8906 114 Street