Simmax Building 8750 58th Ave NW 45,000 SF 100% Leased Industrial Building Edmonton, AB T6E 6G6 £3,430,902 (£76.24/SF) 9.77% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Fenced dedicated yard
  • High-quality improvements.
  • Heavy power and distribution
  • Extensively renovated in 2004

PROPERTY FACTS

Price £3,430,902
Price Per SF £76.24
Sale Type Investment
Net Initial Yield 9.77%
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 3.23 AC
Rentable Building Area 45,000 SF
Number of Floors 2
Year Built/Renovated 1989/2003
Parking Ratio 0.54/1,000 SF
Clear Ceiling Height 23 ft
Zoning IH

AMENITIES

  • Bus Route
  • Signage

MAJOR TENANTS

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  • INDUSTRY
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  • RENT/SF
  • LEASE END
  • Construction
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ADCO Power Ltd., is an industrial/electrical/mechanical company working in the utility, energy, oilfield and mining sectors. That's a lot of ground to cover, so here's a closer look. Their primary focus has been electrical power systems, fuel storage, water pumping and sewage treatment facilities. But they have also refitted old power plants and relocated operations to entirely new modular facilities built especially to client specifications. Since 2009, they have also been deeply involved with oilfield fabrication. Their across the board service includes design, assembly, fabrication, installation, testing, maintenance and labor supply. They can do it all or they can give you the parts you need. Since its founding in 1984, ADCO has built a strong reputation for logistical expertise and quick reaction times, especially given the diversity of their work.

  • Wholesaler
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Simson-Maxwell has been selling industrial solutions for over 80 years and is a leading Western Canadian Company in manufacturing, sales and service of standby and prime power generator systems. Today, Simson-Maxwell serves over 6000 customers across Canada from 9 branches. Simson-Maxwell is a respected distributor and major Original Equipment Manufacturer for many of the world’s largest engine and power generation manufacturers. Simson-Maxwell is internationally recognized in the power generation industry for expertise in the custom design, engineering, sales and service of quality power generation and electrical control equipment under the Simmax® brand name.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Construction - - -
Wholesaler - - -
  • Listing ID: 28520023

  • Date on Market: 18/05/2023

  • Last Updated:

  • Address: 8750 58th Ave NW, Edmonton, AB T6E 6G6