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4702 40 Av

14,900 SF 100% Leased Industrial Building Lloydminster, SK S9V 2B6 £608,748 (£41/SF) 10% Net Initial Yield

Investment Highlights

  • Accessible to major traffic routes!

Executive Summary

Saskatchewan side industrial in a high traffic location just 3 blocks north of the Yellowhead/44th Street. Zoned I1 – light industrial. 2 buildings totaling 14,900 SF (12,800 SF and 2,100 SF) sitting on +/- 1.81 acres. BUILDING 1 - 12,800 SF – year built 1980, approximately 9,700 SF of shop and the balance office/reception, pylon sign, 3 electric overhead doors 16’ wide x 14’ tall, forced air heat, 16’ ceilings, flat shop floors, 5 offices, storage, reception, staff room including kitchen, washrooms, office area has A/C, 220v 600 amp single phase. BUILDING 2 – 2,100 SF – year built 2013, steel frame, 5,000 lb. overhead bridge crane with 27’ span and 60’ travel, engineered air synced with heating system, radiant heat, flat floors, 2 electric overhead doors, 16’ tall x 14’ wide, 120-280 volt 400 amp 3 phase, 23’ ceiling at the eaves and 25’ at the highest point. Around 11% pro forma cap rate. -MLS # A2170558

Attachments

A2170558

Property Facts

Price £608,748
Price Per SF £41
Sale Type Investment or Owner User
Net Initial Yield 10%
Property Type Industrial
Building Class B
Lot Size 2.01 AC
Rentable Building Area 14,900 SF
Number of Floors 1
Year Built 1985

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 14,900 SF
  • Industrial
  • -
  • 90 Days

2 buildings totaling 14,900 SF (12,800 SF and 2,100 SF) sitting on +/- 1.81 acres. BUILDING 1 - 12,800 SF – year built 1980, approximately 9,700 SF of shop and the balance office/reception, pylon sign, 3 electric overhead doors 16’ wide x 14’ tall, forced air heat, 16’ ceilings, flat shop floors, 5 offices, storage, reception, staff room including kitchen, washrooms, office area has A/C, 220v 600 amp single phase. BUILDING 2 – 2,100 SF – year built 2013, steel frame, 5,000 lb. overhead bridge crane with 27’ span and 60’ travel, engineered air synced with heating system, radiant heat, flat floors, 2 electric overhead doors, 16’ tall x 14’ wide, 120-280 volt 400 amp 3 phase, 23’ ceiling at the eaves and 25’ at the highest point.

Space Size Space Use Condition Available
1st Floor 14,900 SF Industrial - 90 Days

1st Floor

Size
14,900 SF
Space Use
Industrial
Condition
-
Available
90 Days

1st Floor

Size 14,900 SF
Space Use Industrial
Condition -
Available 90 Days

2 buildings totaling 14,900 SF (12,800 SF and 2,100 SF) sitting on +/- 1.81 acres. BUILDING 1 - 12,800 SF – year built 1980, approximately 9,700 SF of shop and the balance office/reception, pylon sign, 3 electric overhead doors 16’ wide x 14’ tall, forced air heat, 16’ ceilings, flat shop floors, 5 offices, storage, reception, staff room including kitchen, washrooms, office area has A/C, 220v 600 amp single phase. BUILDING 2 – 2,100 SF – year built 2013, steel frame, 5,000 lb. overhead bridge crane with 27’ span and 60’ travel, engineered air synced with heating system, radiant heat, flat floors, 2 electric overhead doors, 16’ tall x 14’ wide, 120-280 volt 400 amp 3 phase, 23’ ceiling at the eaves and 25’ at the highest point.

zoning

Zoning Code I1 (Light Industrial)
I1 (Light Industrial)
  • Listing ID: 27841498

  • Date on Market: 27/02/2023

  • Last Updated:

  • Address: 4702 40 Av, Lloydminster, SK S9V 2B6

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