1/511222 88 Ave, Fort Saskatchewan
11222 88 Ave, Fort Saskatchewan, AB T8L3W5
$1.4M total
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Asset Class
Industrial
Size
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Building class
A
Zoning
IB — Industrial Business
$ / SF
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Occupancy
92%
Lot Size
0.9922930601469238 ac
Clear height
31 ft
Loading docks
12
About this property
HIGHWAY FRONTAGE & GREAT RENTAL POTENTIAL! Fully fenced light industrial property in Fort Saskatchewan offering excellent visibility and easy access. The property features two 1,600 sq ft bays, each with its own bathroom and 12-foot grade-level overhead door, providing plenty of space for a variety of business uses. A separate 24 x 30 garage includes its own fenced yard, adding flexibility and additional rental potential. With multiple spaces, individual bays and secure fenced areas, this property offers a great opportunity for an owner-user, investor, or both. Strong rental income potential in a convenient Fort Saskatchewan location with highway frontage and excellent exposure. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$79K
Annual cash flow
$4K
Cash-on-cash
1.09%
DSCR
1.06
Going-in cap
5.87%
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.
Area demographics
Trade area within 3 miles of the property.
Population
113,327
Households
53,875
Median income
$78,500
Median age
43.1
Daytime population
134,816
5-yr growth
6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 11222 88 Ave, Fort Saskatchewan.
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.