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302 Macalpine Cres 13,136 SF Industrial Building Fort McMurray, AB T9H 4A8 $2,906,488 USD ($221.26 USD/SF) 9.50% Cap Rate
Investment Highlights
- Excellent exposure and access to MacKenzie Boulevard and Highway 63, providing efficient connectivity to major transportation routes
- Ideally located near Fort McMurray’s oil sands region, supporting sustained tenant demand and long-term industrial relevance.
Executive Summary
Two adjacent industrial buildings on 2.49 acres in MacKenzie Industrial Park, one of Fort McMurray’s most established and sought-after industrial nodes. Fully leased to Bassett Petroleum, a reputable Western Canadian fuel and lubricants distributor with a long operational history, ensuring stable, reliable income.
Property Facts
| Price | $2,906,488 USD | Building Class | C |
| Price Per SF | $221.26 USD | Lot Size | 2.49 AC |
| Sale Type | Investment | Rentable Building Area | 13,136 SF |
| Cap Rate | 9.50% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1989 |
| Property Subtype | Distribution | Tenancy | Single |
| Zoning | BI - Business Industrial | ||
| Price | $2,906,488 USD |
| Price Per SF | $221.26 USD |
| Sale Type | Investment |
| Cap Rate | 9.50% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 2.49 AC |
| Rentable Building Area | 13,136 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Tenancy | Single |
| Zoning | BI - Business Industrial |
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