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More details for 5201 44 St, Bonnyville, AB - Industrial for Sale

New Park Place - 5201 44 St

Bonnyville, AB T9N 1B1

  • Industrial for Sale
  • $4,800,000 CAD
  • 40,874 SF

Bonnyville Industrial for Sale

New Park Place is a fully leased, multi-tenanted suburban office building. The 40,874 SF building sits on a 2.67-acre site and is occupied by four tenants with staggered lease expiries through 2028–2029. The property generates stable rental income from a strong, diversified tenant base that includes provincial government agencies and a major energy company. In 2025 New Park Place is projected to deliver gross rents of $1.023M, with base rent $440K and operating cost recoveries $583K. After a 5% vacancy and structural allowance, net operating income (NOI) is $388K, yielding a Cap Rate of 8.09% on the $4.8M asking price.

Contact:

RE/MAX Excellence

Date on Market:

2025-07-23
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