3 Freestanding Industrial Buildings: 10351/53 60 Avenue
  • $2,700,000.00

Description

This exceptionally maintained industrial property offers a turnkey investment opportunity with strong triple-net rental income and a long-term lease in place. Boasting a clean and well-kept interior, this space is ideal for automotive or industrial users seeking a high-functioning workspace.

• Impeccable Interior: Meticulously maintained with recent upgrades for a modern and professional look.
• Clean Automotive Work Area: Purpose-built for efficiency and functionality.
• Newly Upgraded Finishes: Stylish vinyl plank flooring, slat wall paneling, drywall, lighting, doors, and fresh paint throughout.
• Warehouse Paint Booth: Fully equipped for automotive and industrial applications.
• Ample Access & Loading: 13 grade-level overhead doors for seamless operations.
• Secure Long-Term Lease: 10-year lease term in place, expiring July 1, 2029.
• Strong Triple-Net Income: $148,500 per annum (until June 30, 2027); $157,000 per annum (July 1, 2027 – June 30, 2029).

This is a rare opportunity to acquire a stable income-generating asset with minimal landlord responsibilities in a highly desirable industrial location.

Property Documents

[7758] EEC Motors Building - 10351-53 60 Ave
  • Address: 10351 60 Avenue Northwest, Edmonton, AB, Canada
  • City: Edmonton
  • Area: South of River

Details

  • Price $2,700,000.00
  • Property Size 13572 sf
  • Property Type Industrial, Investment
  • Property Status For Sale