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