KATHY BOWERS
(780) 881-1649
3% REALTY FORT MCMURRAY
780-791-3948
360 Falconer Crescent
Fort McMurray , Alberta T9H 4B5
Fort McMurray , Alberta T9H 4B5
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360 Falconer Crescent For Sale
$7,900,000
Built in 2016, this property is located in Fort McMurray in the Leo Roberts Industrial Park. This free-standing building with a secured tenant would make a great addition to the savvy investor's portfolio. The structure is a steel building with over 16,000 sq ft and sits on 1.47 acre lot. Over 14,000 sq ft of warehouse space that houses heavy duty truck repair bays, wash bays along with another 2000 sq ft of office space. Wash bay operates on a boiler system providing in floor heating and ice melt for out door ramps as well as the equipment for washing vehicles. 2 more boilers that provide heat for bay and parts room. Total of 6, 16 x 16 drive thru overhead doors as well as an additional 2 bay doors in the wash bay and parts. Loads of parking on the property for large trucks. Front office space as well as a 2nd story board room and additional offices. The opportunity for stable income is present with a cap rate of just over 9% based on the current list price. The lease is a NNN secured by the tenant that extends to 2027. This is a great opportunity with a fantastic return on your investment.
Transaction Type
For Sale
For Sale
Days On Market
121
121
Zoning
BI
BI
Subdivision
Surrounding City Area
Surrounding City Area
Year Built
2015
2015
Structure Type
Industrial
Industrial
Property Type
Commercial
Commercial
Property Sub Type
Industrial
Industrial
Legal Plan
1520043
1520043
Building Area (Sq. Ft.)
15588.00
15588.00
Building Area (Sq. M.)
1448.16
1448.16
Lot Size (Sq. Ft.)
64037
64037
Lot Size (Acres)
1.47
1.47
Lot Features
See Remarks
See Remarks
Access to Property
Accessible to Major Traffic Route,Airport Nearby,Front and Rear Drive access,Direct Access,Paved Road
Accessible to Major Traffic Route,Airport Nearby,Front and Rear Drive access,Direct Access,Paved Road
Inclusions
n/A
n/A
Restrictions
Utility Right Of Way
Utility Right Of Way
Reports
Building Plans,Contracts,Financial Statements,Floor Plans,Formal Lease,Legal Description,Rent Roll,Title
Building Plans,Contracts,Financial Statements,Floor Plans,Formal Lease,Legal Description,Rent Roll,Title