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2202 50 Av 15,248 SF 4-Star Retail Building Lloydminster, AB T9V 2W7 $5,641,441 USD ($369.98 USD/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Highway 17 Exposure
EXECUTIVE SUMMARY
Calling all investors! Gorgeous new building in the heart of Lloydminster’s auto district. Long term tenant will be in place. This property is located on the south end of the city along 50th Avenue; a highly visible location and is the primary road for north and south bound traffic. Completed in 2024, this property is current with the National Energy Code of Canada providing efficiency and reliability for years to come. The property includes: 15,248 SF steel frame building on +/- 1.67 acres that is fully paved, road side pylon sign, 118 parking stalls, show room with 20’ ceilings, main floor and 2nd floor offices, board room, service drive thru bay, 6 service bays plus a bay for future EV servicing and future battery service area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
15,248 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
$5,641,441 USD
Price Per SF
$369.98 USD
Cap Rate
7.75%
NOI
$437,212 USD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.21
Lot Size
1.67 AC
Zoning
C2 - Highway Corridor Commercial District
NEARBY MAJOR RETAILERS
1 of 41
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2202 50 Av
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