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Saskatchewan & Alberta Properties Properties In Saskatchewan & Alberta 103,318 SF 100% Leased Industrial Building North Battleford, SK $4,656,427 USD ($45.07 USD/SF) 8.90% Cap Rate

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INVESTMENT HIGHLIGHTS

  • An Expansive Space with 91,300 sq. ft. main building and 2 additional buildings on 12 acres.
  • Leased to 2030 with Triple net lease in place for stable income.
  • Industrial-Ready, Equipped with cranes, large overhead doors, radiant heat, and sprinklers.

EXECUTIVE SUMMARY

The Main Industrial building is 91,300 sq. ft. single-story building with an additional 6,000 sq. ft. mezzanine with offices. The foundation and flooring are reinforced concrete slab. Pre-engineered steel structure with insulated metal cladding and metal roof. Radiant heat & full sprinkler system. With overhead doors ranging from 14 x 14 to 18 x 18 in size. Included are 1-20-ton crane, 2-10-ton cranes, 4-5-ton cranes.
Second building is 3,920 sq. ft. with 2 overhead doors. Reinforced concrete floor. Pre-engineered steel structure with insulated metal cladding & metal roof. Radiant heating.
Third building is 3,750 sq. ft. single-story wood frame building with metal siding. Overhead door.
Irregular shaped lot of approx. 12 acres with 1,026.5 ft. of frontage (with fenced compound & security) along Canola Ave. Parsons Industrial Park, North Battleford, SK.
This property has a tenant with a full triple net lease to 2030.

ATTACHMENTS

100 Canola

FINANCIAL SUMMARY (ACTUAL - 2020)

ANNUAL (USD) ANNUAL PER SF (USD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $415,497 $4.02

FINANCIAL SUMMARY (ACTUAL - 2020)

Gross Rental Income (USD)
Annual -
Annual Per SF -
Other Income (USD)
Annual -
Annual Per SF -
Vacancy Loss (USD)
Annual -
Annual Per SF -
Effective Gross Income (USD)
Annual -
Annual Per SF -
Net Operating Income (USD)
Annual $415,497
Annual Per SF $4.02

PROPERTY FACTS

Price $4,656,427 USD
Price Per SF $45.07 USD
Sale Type Investment NNN
Cap Rate 8.90%
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class B
Lot Size 12.78 AC
Rentable Building Area 103,318 SF
No. Stories 2
Year Built/Renovated 1987/2009
Clear Ceiling Height 26’
No. Dock-High Doors/Loading 5
Zoning Commercial - Industrial

AMENITIES

  • Fenced Lot
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Tecvalco
  • Utilities
  • 103,318 SF
  • -
  • Industrial Gross
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Tecvalco Utilities 103,318 SF - Industrial Gross -
  • Listing ID: 23376476

  • Date on Market: 6/11/2021

  • Last Updated:

  • Address: Properties In Saskatchewan & Alberta, North Battleford, SK

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