$7,900,000.00 15,588 Sq.ft

360 Falconer Crescent , Fort McMurray. T9H 4B5

Description

Built in 2016, this property is located in Fort McMurray in the Leo Roberts Industrial Park. This free-standing building with a secured tenant would make a great addition to the savvy investor's portfolio. The structure is a steel building with over 16,000 sq ft and sits on 1.47 acre lot. Over 14,000 sq ft of warehouse space that houses heavy duty truck repair bays, wash bays along with another 2000 sq ft of office space. Wash bay operates on a boiler system providing in floor heating and ice melt for out door ramps as well as the equipment for washing vehicles. 2 more boilers that provide heat for bay and parts room. Total of 6, 16 x 16 drive thru overhead doors as well as an additional 2 bay doors in the wash bay and parts. Loads of parking on the property for large trucks. Front office space as well as a 2nd story board room and additional offices. The opportunity for stable income is present with a cap rate of just over 9% based on the current list price. The lease is a NNN secured by the tenant that extends to 2027. This is a great opportunity with a fantastic return on your investment.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2100259
City:Fort McMurray
Neighbourhood:Surrounding City Area
Province:Alberta
Building/Unit Size: 15,588 sq.ft
Land Size:1.47 Acre
Listing Price:$7,900,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Industrial
Transaction Type:For Sale
Land Use Code:BI
Listing Contract Date:2024-01-07

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "3% REALTY FORT MCMURRAY" listing brokerage.

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