MULTI-BAY INDUSTRIAL WAREHOUSE...WAREHOUSE 16720:42 110 Avenue EDMONTON, AB Sale Price: $2,560,000.00 ($110 per SF) $2,200.000.00 ($94.50 per SF) 23,280 SF ON 1.79 Acres Kyle Barton

Cushman & Wakefield Edmonton is independently owned and operated / A Member of the Cushman & Wakefield Alliance. No warranty or representation express or implied is mad to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property for properties in question. May 1, 2020

Cushman & Wakefield EdmontonSuite 2700, TD Tower10088 102 AvenueEdmonton, AB T5J 2Z1 cwedm.com

FOR SALE

MULTI-BAYINDUSTRIALWAREHOUSE16720:42 110 AvenueEDMONTON, AB

Sale Price: $2,560,000.00 ($110 per SF)$2,200.000.00 ($94.50 per SF)

23,280 SF ON 1.79 Acres

Kyle BartonAssociate 780 733 6409 [email protected]

Adrian AmbrozukAssociate Partner 780 733 6406 [email protected]

PROPERTYHIGHLIGHTS

Rare opportunity to acquire multi-bay stand-alone industrial building in the Northwest

Ample yard space, low site coverage ratio (30%)

50% of property is currently occupied, tenants month-to-month, purchaser could attempt to renew current tenants or acquire vacant on possession

Great opportunity to demise into smaller bays

Full drive around access

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PROPERTYDETAILS

address16720:42 110 Avenue, NW

Edmonton, AB

legal descriptionLots 15/16, Block 5, Plan 2477KS

zoningMedium Industrial Zone (IM)

neighbourhoodWest Sheffield Industrial

building typeMulti-Bay Industrial

site size1.79 Acres

site coverage ratio30%

year built1971

available sizeWarehouse: 23,280 SF

Mezzanine: 1,834 SFTotal: 25,114 SF

loading10 Grade loading doors

9 (14’H x 12’W)1 (14’H x 14’W)

powerWest Building: 600 amp,

120/208 AC Volt, 3 PhaseEast Building: 400 amp,

115/230 AC Volt, 3 Phase

cranesOverhead 5 ton crane

Multiple overhead 1 ton cranesMultiple Jib cranes

ceiling height16’ Clear

parkingAmple

sale price$2,200,000.00 ($94.50 per SF)

taxes (2019)$67,023.65 ($2.88 per SF)

ADDITIONAL BUILDINGFEATURES

• Two separately titled buildings with party wall agreement

• Investor or owner/user opportunity - building currently 50% occupied with

tenants month-to-month

• Building could be acquired vacant on possession, or investor could attempt

to sign current tenants to market leases (tenants have indicated an interest in

staying in the building)