4901-4911 50 St

Investment opportunity with high quality tenants in downtown Lloydminster. Previously the Synergy Credit Union building, this building is leased out at a value that represents an 8% cap rate with tenants including the Saskatchewan Government and a separate publicly traded company. There is a total of 33,656 SF of space above ground, fully leased and a total unleased area in the basement of 16,852 SF. This two story Class A building is extremely well maintained with construction a mix of crete block and poured concrete with brick exterior façade. This building was built in 1970 with a renovation/addition in 1992 to the west side of the building and extensive renovations in 2001/2002, most recently there have been renovations to accommodate current tenants in the building. There is abundant parking included with the sale of this building both on site and off site to include properties with legal descriptions as follows: Lot 4-6, Block 3, Plan B1271; Lot 5, Block 3, Plan B1127; Lot 35, Block 1, Plan 1B020568.