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1651 94th St NW 68,952 SF Office Building Edmonton, AB T6N 1E6 $7,000,000 CAD ($101.52 CAD/SF)
Investment Highlights
- Ten (10) year lease-back agreement with Quantiam Technologies Inc.
- Property designed for expansion
Executive Summary
Colliers Macaulay Nicolls Inc. (the “Agent”) has been retained as exclusive agent to offer and sell a 100% freehold interest in the subject property – a 4.05 acre site improved with a 34,544 square foot industrial building, municipally described as 1641 94 Street, Edmonton, Alberta (the “Property”). Strategically located within the Edmonton Research Park (“ERP”), the Property benefits from quick access to major roadways including Parsons Road, 23 Avenue, 91 Street and, especially, Highway 2 (Calgary Trail/Gateway Boulevard) and Anthony Henday Ring Road, each within a 3-minute drive from the Property. Additionally, the location provides convenient access to various retail amenities
located within the adjacent South Edmonton Common – Edmonton’s largest retail “power centre”. Finally, the Property enjoys close proximity to a variety of well established and growing residential communities including Millwoods, Ermineskin, Terwillegar, Summerside, Twin Brooks, MacEwan and Blackmud Creek. Constructed by Scott Builders in 2009/2010 the Property is a modern industrial facility providing office, manufacturing/service and distribution/warehousing functions. The Property features pre-cast, tilt-up concrete panel construction and includes numerous “state of the art” features including two large electrical services (2,000 Amp & 2,500 Amp) make-up air, process gas, lab area and attractive employee amenity areas. With only 18% site coverage there is room for expansion.
located within the adjacent South Edmonton Common – Edmonton’s largest retail “power centre”. Finally, the Property enjoys close proximity to a variety of well established and growing residential communities including Millwoods, Ermineskin, Terwillegar, Summerside, Twin Brooks, MacEwan and Blackmud Creek. Constructed by Scott Builders in 2009/2010 the Property is a modern industrial facility providing office, manufacturing/service and distribution/warehousing functions. The Property features pre-cast, tilt-up concrete panel construction and includes numerous “state of the art” features including two large electrical services (2,000 Amp & 2,500 Amp) make-up air, process gas, lab area and attractive employee amenity areas. With only 18% site coverage there is room for expansion.
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
68,952 SF
Building Class
B
Year Built
2009
Price
$7,000,000 CAD
Price Per SF
$101.52 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
30,339 SF
Building FAR
0.39
Lot Size
4.05 AC
Zoning
IB - Business industrial
Parking
42 Spaces (0.69 Spaces per 1,000 SF Leased)
Amenities
- Signage
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1651 94th St NW
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