Northeast Edmonton & Strathcona County Industrial ... - JLL Property

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For Sale

Northeast Edmonton & Strathcona County Industrial Investment Opportunities Three-Building investment opportunity located at: • 11902 – 21 Street, Edmonton, AB • 11510 & 11410 – 2 Street, Strathcona County, AB

For Sale 11902 – 21 Street, Edmonton, AB PROPERTY DETAILS Address:

11902 – 21 Street, Edmonton, AB

Building Size:

21,400 s.f.

Site Size:

2.92 Acres

Construction:

Concrete Block

Year Built:

1968

Number of Users:

6 Tenants

Ceiling Heights:

19’ Clear

Loading:

24 Grade doors

Lighting:

T5 & Fluorescent

Heating:

Forced air / Radiant

Additional Features:

Sumps within each bay and additional 4,960 sq. ft. quonset with power included in purchase price

FINANCIAL INFORMATION: Current Gross Income:

$364,944.00

Expenses:

Property Taxes: Insurance: Misc. Expenses:

$79,930.00 $6,000.00 $5,000.00

The structural components of the building have all been improved over the past 5 years. Upgrades include new overhead unit heaters; T5 lighting; paved parking areas in front of the building; upgraded loading doors and a brand new roof completed July 2016 Entire site is graveled and fenced and includes a 4,960 sq. ft. quonset at the north end of the yard

© 2016 JLL Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof. JLL Real Estate Services, Inc. Real Estate Brokerage.

For Sale 11410 & 11510 – 2 Street, Strathcona County, AB PROPERTY DETAILS Total Site Size:

2.72 Acres

Address:

11510 – 2 Street, Strathcona County, AB

Building Size:

10,080 s.f.

Construction:

Concrete Block

Number of Users:

Single Tenant

Ceiling Heights:

16’ Clear

Loading:

6 Grade doors

Zoning::

(IM) – Medium Industrial

Address:

11410 – 2 Street, Strathcona County, AB

Building Size:

13,202 s.f.

Construction:

Steel Frame

Number of Users:

4 Tenants

Ceiling Heights:

18’ Clear

Loading:

7 Grade doors

Zoning:

(IM) – Medium Industrial

FINANCIAL INFORMATION: Current Gross Income:

$319,992.00

Expenses:

Property Taxes: Insurance: Misc. Expenses:

$27,187.00 $6,000.00 $5,000.00

Two buildings totalling 23,282 sq.ft. located on approximately 2.72 acres. The buildings themselves have been well maintained and the majority of the heating and lighting systems have been replaced in the past 3 years; both buildings have also had new roofs completed in 2013 & 2014. The property features direct exposure to the new Anthony Henday and Yellowhead Trail Interchange. © 2016 JLL Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof. JLL Real Estate Services, Inc. Real Estate Brokerage.

11410/11510 – 2 Street, Strathcona County, AB

11902 – 21 Street, Edmonton, AB

23,282 s.f. on 2.72 acres

21,440 s.f. on 2.92 acres

$281,805 per annum (net income)

$274,014 per annum (net income)

$3,500,000

$3,750,000

8.1% cap rate

7.3% cap rate

For more information, please contact: Jim Bijou, SIOR Senior Vice President Industrial Sales & Leasing Office +1 780 328 2551 [email protected]

Kris Augustson Associate Vice President Industrial Sales & Leasing Office +1 780 328 2554 [email protected]

Andres Mateluna Sales Associate Industrial Sales & Leasing Office +1 780 328 2557 [email protected]

Jonathan Wang Associate Industrial Sales & Leasing Office +1 780 328 2569 [email protected]

© 2016 JLL Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof. JLL Real Estate Services, Inc. Real Estate Brokerage.