This 77,000 SF industrial building situated on 3.3 acres is an investment sale opportunity located in the Lethbridge Industrial area. The property is currently occupied by BASF Agriculture Solutions Canada Inc., providing current net rental income of approximately $654,500 CAD per annum and a 7.40% cap rate.
The building is situated on a corner lot with multiple access points, allowing efficient circulation and access for 53-foot trailer trucks. Property features include four drive-in doors, four dock loading doors, heavy power service at 600 amps (TBV), clear ceiling heights ranging from 14 ft. to 18 ft., LED lighting, and a sprinkler system. The property offers excellent exposure and access along 9 Avenue NE, with convenient connectivity to Highway 3 and Highway 4.
Essential information
MLS® number
A2311696
Status
Active
Price
$8,900,000
Property type
Commercial
Type
Industrial
Transaction
For Sale
Restrictions
Call Lister
Building area
77,000 sq ft
Lot size
143,694 sq ft
Year built
1973
Structure
Industrial
Listing brokerage
CDN Global Advisors Ltd.
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
I-G
Community
City
Lethbridge
Province
AB
Postal code
T1H 5E4
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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$8,600,0009415 48 Street SE, Calgary
