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GMC Single-Tenant Net Lease Investment 8805 125 St 31,750 SF Industrial Building Fort Saskatchewan, AB T8L 1A1 $18,900,000 CAD ($595.28 CAD/SF)
EXECUTIVE SUMMARY
This single tenant net lease investment sale comprises a best-in-class ± 35-acre modular yard leased to General Mechanical & Civil Contractors Ltd. (GMC) with a ± 32,000 square foot industrial/office building.
The property is located in Alberta, home to the world’s third-largest oil reserves. Alberta exports 4.3 million barrels of oil daily to the U.S. More specifically, the single tenant asset is positioned in Alberta’s Industrial Heartland, within the Greater Edmonton Area—Canada’s largest hydrocarbon processing region.
GMC, established in 1993, has a track record of stability, backed by long-term relationships in the oil, gas, and petrochemical industry, ensuring consistent and predictable rental income.
The property is located in Alberta, home to the world’s third-largest oil reserves. Alberta exports 4.3 million barrels of oil daily to the U.S. More specifically, the single tenant asset is positioned in Alberta’s Industrial Heartland, within the Greater Edmonton Area—Canada’s largest hydrocarbon processing region.
GMC, established in 1993, has a track record of stability, backed by long-term relationships in the oil, gas, and petrochemical industry, ensuring consistent and predictable rental income.
PROPERTY FACTS
| Price | $18,900,000 CAD | Rentable Building Area | 31,750 SF |
| Price Per SF | $595.28 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2015 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Clear Ceiling Height | 40’ |
| Building Class | B | No. Dock-High Doors/Loading | 4 |
| Lot Size | 60.05 AC | ||
| Zoning | IM - Medium Industrial | ||
| Price | $18,900,000 CAD |
| Price Per SF | $595.28 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 60.05 AC |
| Rentable Building Area | 31,750 SF |
| No. Stories | 1 |
| Year Built | 2015 |
| Tenancy | Single |
| Clear Ceiling Height | 40’ |
| No. Dock-High Doors/Loading | 4 |
| Zoning | IM - Medium Industrial |
AMENITIES
- Yard
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GMC Single-Tenant Net Lease Investment | 8805 125 St
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