7.25% CAP RATE 7.25% CAP RATE

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For Sale Investment or Owner/User Opportunity

Unique Scaffold Property

7.25% CAP RATE

PRICE REDUCED BY $250,000

12003 - 167 Street

• Can be purchased as investment (current owner will consider leaseback) or as vacant owner/user opportunity » » Favourable leaseback rates/term (see page 3) • Ideal location with easy access to 170th Street, Yellowhead Trail, and Anthony Henday Freeway THE INFORMATION CONTAINED HEREIN IS BELIEVED TO BE CORRECT, BUT IS NOT WARRANTED TO BE SO AND DOES NOT FORM A PART OF ANY FUTURE CONTRACT. THIS OFFERING IS SUBJECT TO CHANGE OR WITHDRAWAL WITHOUT NOTICE.

170 STREET

• Yard consists of fully compacted gravel and concrete aprons » » Fully fenced and gated » » Lighting throughout

16

118 AVENUE

167 STREET

Property Features • Rare opportunity consisting of three industrial buildings (totaling 10,524 sq.ft.±) designed for single tenant situated on 2.32 acres± » » Low site coverage of approximately 9.5%

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Michael Parsons

780 436 7410 [email protected] 4601 99 Street NW Edmonton, AB T6E 4Y1 +1 780 436 7410 naiedmonton.com

163 STREET

Edmonton, Alberta

D EA

For Sale

12003 - 167 Street

Unique Scaffold Property

Edmonton, Alberta

Building #1

Building #2



Six shop bays » » 2 ton bridge crane » » One wash bay with sump pit





1,920 sq.ft.± of fully developed office space over two floors » » Consists of reception area, four offices, meeting room, and washroom



Additional steel mezzanine storage (720 sq.ft.±)

AREA AVAILABLE

4,864 sq.ft.± with additional 720 sq.ft.± storage mezzanine

LOADING

6 x Grade (14’ x 12’)

CEILING HEIGHT

18’±

CONSTRUCTION

Steel framing & concrete block

POWER

1,200 amp, 3 phase (TBC)

Six small shop bays (approx. 460 sq.ft.± each) plus 1,300 sq.ft.± storage space » » Two bays are heated, remainder is cold storage

AREA AVAILABLE

4,060 sq.ft.±

LOADING

6 x Grade (14’ x 12’)

CEILING HEIGHT

15’ - 18’±

CONSTRUCTION

Wood framing

POWER

225 amp, 3 phase (TBC)

Building #3 •

Drive-thru shop bay with office & lunchroom area

AREA AVAILABLE

1,600 sq.ft.±

LOADING

Drive-thru Grade (10’ x 10’ and 10’ x 8’)

CEILING HEIGHT

12’±

CONSTRUCTION

Wood and light steel framing

POWER

TBC 6498-A MP17

4601 99 Street NW Edmonton, AB T6E 4Y1 +1 780 436 7410 naiedmonton.com

NAI Commercial Real Estate Inc.

For Sale Unique Scaffold Property

BUILDING 1

BUILDING 2

BLDG 3

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12003 - 167 Street Edmonton, Alberta

Property Information

Investor Information TENANT

Unique Scaffold Established in 1997 with operations in Calgary and Edmonton

1980

LEASE TERM

Up to 7 years

SALE PRICE

$2,850,000.00 $2,600,000

NET RENTAL RATE

PROPERTY TAXES

$50,744.62 (2017)

$188,500 annually with escalations over term

AREA AVAILABLE

10,524 sq.ft.± on 2.32 acres

LEGAL DESCRIPTION

Plan 7621892, Block 1, Lot 6

ZONING

IM (Medium Industrial)

YEAR BUILT

CAPITALIZATION RATE 7.25% with escalatioins

based on asking price

Michael Parsons

780 436 7410 [email protected] 6498-A MP17

4601 99 Street NW Edmonton, AB T6E 4Y1 +1 780 436 7410 naiedmonton.com

NAI Commercial Real Estate Inc.