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175 MacDonald Cres 11,051 SF Industrial Building Wood Buffalo, AB T9H 4B2 $2,587,620 USD ($234.15 USD/SF) 10.70% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Secure graveled yard at this location.
  • Located off of main road.
  • 15% of Canada’s Oil & Gas Extraction industry workforce is employed in Fort McMurray Wood Buffalo.

EXECUTIVE SUMMARY

Functional shop space with low site coverage. International covenant tenancy. Upgraded LED lighting. Continuous program of building upgrades – power, lighting, equipment wash area with isolated containment, etc.

PROPERTY FACTS

Price $2,587,620 USD
Price Per SF $234.15 USD
Sale Type Investment
Cap Rate 10.70%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.50 AC
Rentable Building Area 11,051 SF
No. Stories 1
Year Built 1982
Tenancy Single
Clear Ceiling Height 22’
No. Drive In / Grade-Level Doors 3
Zoning BI - Business Industrial
  • Listing ID: 33882320

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 175 MacDonald Cres, Wood Buffalo, AB T9H 4B2

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