8 AVENUE NORTH LETHBRIDGE, ALBERTA INDUSTRIAL BUILDING ...

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INDUSTRIAL BUILDING FOR SALE

3208

8 AVENUE NORTH LETHBRIDGE, ALBERTA

Partnership. Performance.

Opportunity

10,200 sf on .93 acres This subject property is in a prime location on 8 Avenue North in Lethbridge’s Industrial Park. The subject property is an excellent investment opportunity for an owner user. Possession is negotiable.

Doug Mereska

D 403.942.0064 E [email protected]

Kendal Hachkowski

D 403.942.7096 E [email protected]

3205

8 AVENUE NORTH

LETHBRIDGE, ALBERTA 10,200 sf on .93 acres

LEGAL DESCRIPTION Plan: 7610495 Block: 16 Lot: 17

ZONING LOCATION

(I-B) Business Industrial

Excellent North Lethbridge location. On 8 Avenue and 36 Street North, the property is easily accessible from 28 Street, 9 Avenue and 6 Avenue North.

PARKING •

Large parking lot and yard shared among tenants

PROPERTY HIGHLIGHTS

SIGNAGE



Property features a large yard and great exposure

Building



Each bay features 200 amp electrical facilities all being separately metered



Each bay has a separate overhead heater and forced air furnaces



Building was built in 1976 with the roof being replaced within the last 10 years and 3 HVAC units replaced in the last 3 years



Excellent neighbouring tenant mix, including: Auto Appearance, Total Impact Signs, Kal Tire, Fountain Tire, Challenger Building Supplies and Lethbridge Dairy Mart Ltd.

partnership. performance.

SIZE

SALE PRICE $949,000

AVAILABLE Negotiable

Doug Mereska D 403.942.0064 E [email protected] Kendal Hachkowski D 403.942.7096 E [email protected]

Suite 300, 515 7th Street South Lethbridge, Alberta, T1J 2G8 M 403.330.3338 W avisonyoung.com The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed or warranted by Avison Young Lethbridge Inc. nor can it form any part of any future contract. — 2016

3205

8 AVENUE NORTH

LETHBRIDGE, ALBERTA

partnership. performance.

PROPERTY PHOTOGRAPHS

Doug Mereska D 403.942.0064 E [email protected] Kendal Hachkowski D 403.942.7096 E [email protected]

Suite 300, 515 7th Street South Lethbridge, Alberta, T1J 2G8 M 403.330.3338 W avisonyoung.com The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed or warranted by Avison Young Lethbridge Inc. nor can it form any part of any future contract. — 2016

3205

8 AVENUE NORTH

LETHBRIDGE, ALBERTA

PROJECTED ANNUAL INCOME Tenant Area Rate Yearly Total Cafe 2,100 sf $1,300 p/m $15,600 Vacant 2,450 sf $6.50psf $15,925 Vacant 2,450 sf $6.50psf $15,925 Toyo Tech 1,940 sf $1,100 p/m $13,200 Vacant 1,260 sf $5 psf $6,300 Total Annual Income (projected)

partnership. performance.

INCOME STATEMENT

$66,950

Sale Price $949,000

Doug Mereska D 403.942.0064 E [email protected] Kendal Hachkowski D 403.942.7096 E [email protected]

Suite 300, 515 7th Street South Lethbridge, Alberta, T1J 2G8 M 403.330.3338 W avisonyoung.com The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed or warranted by Avison Young Lethbridge Inc. nor can it form any part of any future contract. — 2016

3205 SUBJECT'S LOCATION

8 AVENUE NORTH

LETHBRIDGE, ALBERTA

AND DESCRIPTION (CONTINUEO) "D" -- BUILDING DIAGRAM

SITE PLAN

70.0'

A.M. CAFE 2,100 SF

VACANT 2,450 SF

partnership. performance.

EXHIBIT

VACANT 2,450 SF

VACANT 1,260 SF bl

Ib

TOYO TECH 1,940 SF

Doug Mereska D 403.942.0064 E [email protected]

40.0'

RELIANCE APPRAISAL CONSULTANTS LTD. Suite 300, 515 7th Street South Lethbridge, Alberta, T1J 2G8 M 403.330.3338 W avisonyoung.com

Kendal Hachkowski D 403.942.7096 E [email protected] .PAGE 22

The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed or warranted by Avison Young Lethbridge Inc. nor can it form any part of any future contract. — 2016

3205

8 AVENUE NORTH

LETHBRIDGE, ALBERTA

BAYER CROPSCIENCE

BOWDENS FURNITURE

partnership. performance.

AREA AERIAL MAP

32 STREET NORTH

PUROLATOR

SUBJECT PROPERTY

8 AVENUE NORTH LETHBRIDGE IRON WORKS

CHALLENGER TRUSS

Doug Mereska D 403.942.0064 E [email protected] Kendal Hachkowski D 403.942.7096 E [email protected]

Suite 300, 515 7th Street South Lethbridge, Alberta, T1J 2G8 M 403.330.3338 W avisonyoung.com The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed or warranted by Avison Young Lethbridge Inc. nor can it form any part of any future contract. — 2016

34

32

LYNX LANDNG N

LN

3205

ES N

PRATT & WHITNEY

8 AVENUE NORTH

26 AVE N

FRITO-LAY & PEPSI-COLA

HANLON AG

KAWNEER

N

ows Park

16 AVE N

TA EXCAVATING

39 ST N

D ER

26 ST N

GALKO / GLOBAL

27 ST N

14 AVE N

Labor Club Park

B & D WALTER TRUCKING

33 ST N

KL

18 AVE N

29 ST N

UC

AREA AERIAL MAP EQUIPMENT

PALLISER

N

GREENVIEW CL N

VD BL

HAUL-ALL

14 AVE N

27A ST N

BLACK VELVET DISTILLING

10 AVE N

10 AVE N

RUGBY FIELD KAL TIRE

N 8A AVE

32 ST N

7 AVE N

7 AVE N

N 26 ST N

41 ST N

T

39 ST N

S

CHARLTON & HILL

SUN RISE POULTRY

8 AVE N

NEW HOLLAND

FIRE HALL 29 ST N

A 26

N

6 AVE N

N

MCKILLOP PL N

6A AVE

MCNALLY CONTRACTORS

WESTERN TRACTOR

VAZARI STEEL

ICHARDSON OILSEED

Kendal Hachkowski D 403.942.7096 E [email protected]

H&R EN 2 AV TRANSPORT

VE N

MAPLE LEAF PORK

Suite 300, 515 7th Street South UFA Lethbridge, Alberta, T1J 2G8 M 403.330.3338 W avisonyoung.com 36 ST S

ALBERTA TERMINALS

Doug Mereska D 403.942.0064 E [email protected]

FINNING

33 ST N

N

7A AVE N

DUNLOP

8 AVE N

LETHBRIDGE IRON WORKS 30 ST N

8 AVE N 27 ST N

VE N

8 AVE N 29 ST N

8 AVE N

VE N

12 AVE N

31 ST N

26 ST N

10A AVE N

k

30 ST N

29 ST N

11A AVE N

N

SOUTHLAND TRAILERS

LOGIC LUMBER

12 AVE N

11 AVE N

partnership. performance.

ool

24 AVE N

36 ST N

EAGLE PL N

T RD N

LETHBRIDGE, ALBERTA

SPACE PLACE

24 AVE N

31 ST N

DN

43 ST N

IAK P

N

WALMART SUPERCENTER 34 ST N

KOD

K BAY

41 ST N

KODIA

28 ST N

30 AVE N

LY RD N

HIG

3 AY HW

N 30 ST

The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed or warranted by Avison Young Lethbridge Inc. nor can it form any part of any future contract. — 2016 1 AVE S

1 AVE S

1 AVE S