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602 25 Ave

32,105 SF Industrial Building Nisku, AB T9E 0G6 $5,125,723 USD ($160 USD/SF) 6.02% Cap Rate

Investment Highlights

  • 32,105 SF Warehouse on 8.5 acre (8.7% site coverage). 2011 build. Fully leased Single Tenant with term expiring in 2027. High demand site.

Executive Summary

RE/MAX Excellence Commercial Division Investment Team is pleased to present the opportunity for ownership of a fully leased single tenant
industrial building in Nisku.
The property is a 32,105 SF industrial building sitting on 8.5 acres of land. The site is fully fenced and has 2 access points from 25 Avenue. The property is located in proximity to Queen Elizabeth II Highway, which connect to Edmonton, Calgary, Beaumont, and Devon.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual (USD) Annual Per SF (USD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income (USD)
Annual $99,999
Annual Per SF $9.99
Other Income (USD)
Annual -
Annual Per SF -
Vacancy Loss (USD)
Annual -
Annual Per SF -
Effective Gross Income (USD)
Annual $99,999
Annual Per SF $9.99
Taxes (USD)
Annual -
Annual Per SF -
Operating Expenses (USD)
Annual -
Annual Per SF -
Total Expenses (USD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (USD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $5,125,723 USD
Price Per SF $160 USD
Sale Type Investment
Cap Rate 6.02%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class A
Lot Size 8.50 AC
Rentable Building Area 32,105 SF
No. Stories 1
Year Built 2011
Tenancy Single
Clear Ceiling Height 26 FT 5 IN
No. Drive In / Grade-Level Doors 9

Amenities

  • Fenced Lot
  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Construction
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -

Their mission is to to drive economic opportunity by empowering Indigenous people and communities. Winner of Canada's Most Admired Culture, Backwoods Energy Services is a contracting company owned by the Alexis Nakota Sioux Nation that provides services to the oil, gas and mining industries in Alberta. With a focus on building lasting client relationships, Backwoods is committed to safety excellence and quality service.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Construction 99,999 SF $9.99 Lorem Ipsum -

zoning

Zoning Code 40 – IND Industrial
40 – IND Industrial
  • Listing ID: 32392933

  • Date on Market: 7/9/2024

  • Last Updated:

  • Address: 602 25 Ave, Nisku, AB T9E 0G6

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