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18226A Township Road 532 99.22 Acres of Industrial Land Offered at $7,250,000 CAD in Edson, AB T7E 3E6

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Investment Highlights

  • No road bans
  • Heavily compacted sites with fencing

Executive Summary

CAN BE SOLD SEPARATELY OR TOGETHER.
• Immediate access to Yellowhead Highway (Hwy. 16)
• No road bans
• Heavily compacted sites with fencing
• UFA Gas adjacent to site (no fueling on site)
• Anchor tenant unrelated to oil & gas industry
• Current tenants include:
-Yellowhead Wood Products (Anchor)
-Mullen Transport
- Nova Gas (TC Energy)
- GEM Environmental
- Dunwald & Flemming
- Yellowhead Wood Products
-5-year lease
-3 five-year extensions
-Rent increases annually with CPI
-Excellent covenant
• Legal Description: Plan 9621815, Block C
• Site Size: 57.87 Acres Currently
• Developed: +/-41.35 Acres
• Future Development Potential: +/- 15 Acres
• Storm Water Pond: On-site
• Building Size: 28,935 SF

Property Facts

Price $7,250,000 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 99.22 AC
Zoning ID - INDUSTRIAL DISTRICT

1 Lot Available

Lot

Price $7,250,000 CAD
Price Per AC $73,069.95 CAD
Lot Size 99.22 AC

For sale, 41.35 Acres on developed land: 57.87 Acres with immediate access to Yellowhead Highway (Hwy. 16) with income in place.

Description

• Multiple tenants in place with staggered lease terms • Current NOI: ± $839,000.00 • Cap Rate: 10% • Strong upside on revenue and return • Vendor financing available, open to offers

  • Listing ID: 25829840

  • Date on Market: 2022-06-01

  • Last Updated:

  • Address: 18226A Township Road 532, Edson, AB T7E 3E6

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