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$2.6M total
21,316 SF
Asset Class
Industrial
Size
21,316 SF
Building class
C
Zoning
IB — Industrial Business
$ / SF
$124
Occupancy
96%
Year Built
2021
Lot Size
52.4 ac
Clear height
28 ft
Loading docks
5
The Metro Building offers 21,316 sq ft of high-quality industrial space constructed from precast concrete insulated panels, providing exceptional durability, insulation, and long-term performance. Just 5 kms east of Moose Jaw off the #301 Hwy on a hill overlooking the TransCanada Highway. The facility is designed for heavy commercial use with five large drive-through overhead doors, each measuring 24 feet wide by 16 feet high, allowing easy movement of trucks, equipment, and machinery. The building height is 30 feet to the ceiling and 26.5 feet to the bottom of the steel trusses, providing excellent clearance for industrial operations. The interior is equipped with industrial lifting equipment suitable for material handling, LED lighting throughout, and a heavy-load reinforced concrete floor with in-floor heat powered by four boilers. Electrical capacity includes an 800-amp three-phase service to support high-demand users. The building also features a two-part septic system, a cistern for potable water, and an additional cistern designed for water capture. The roof is protected with a sprayed-on rubber membrane for long-term durability. This is a rare opportunity to acquire a large, modern industrial facility with significant clearances, heavy-duty infrastructure, and flexible use potential. (id:66811)
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Monthly debt service
$12K
Projected NOI
$152K
Annual cash flow
$6K
Cash-on-cash
0.71%
DSCR
1.04
Going-in cap
5.75%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Cascade Foods Inc. | 6,784 SF | 2029-10 |
| Cascade Foods Inc. | 13,743 SF | 2029-10 |
Trade area within 3 miles of the property.
Population
61,574
Households
29,311
Median income
$122,000
Median age
37.2
Daytime population
85,135
5-yr growth
7.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Metro Building and land, Moose Jaw Rm No. 161.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.