John Mattiello - 780-406-4000

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Industrial in Grande Prairie

$7,500,000.00
12102 97 vision west business park Avenue - MLS® #: E4384151
  • (193)
  • 138
  • 146
  • 0 Bedrooms
  • 0 Bathrooms
  • - Sq Ft
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John Mattiello
780-406-4000

Property Type

Industrial

Description

Don't miss out on this investment opportunity! Minimal Landlord responsibilities with a triple net lease in place.Currently tenanted by Wesco with 5 years remaining on the lease, this property guarantees stable cash flow. Built in 2020, the building is in exceptional condition, ensuring peace of mind for investors seeking a reliable asset. NOI = 465,476 until May 31st,2024. NOI =486,634 June 1,2025-May31st, 2030. CAP Rate Yr 1 6.2% Cap Rate Yr 2 6.48

Property Details

Subarea
Centre West Business Park

Lot
7769.96

Year Built
2020

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Listing data last updated date: 2024-04-30 01:23:38

Copyright 2019 by the REALTORS® Association of Edmonton. All rights reserved.

Listing Agent: Dane Phaneuf

Brokerage: Exp Realty