DOUG MERESKA
(403) 394-8239

AVISON YOUNG
403-330-3338

3690 36 Street
  Lethbridge , Alberta   T1H 0E8
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3690 36 Street For Sale

$17,500,000
Lethbridge, Alberta

Transaction Type
For Sale
Days On Market
1
Zoning
Direct Control (DC)
Year Built
2023
Property Type
Commercial
Building Area (Sq. Ft.)
103788.00
Lot Size (Sq. Ft.)
297950

Listing ID: 30525
MLS ID: A2219855
Presenting an exclusive opportunity for an investor to acquire a rarely available 103,788 sf freestanding industrial warehouse building on 6.84 acres, at the corner of 36 Street and 37 Avenue in the heart of the Sherring Industrial Park. The property’s current tenant WG Pro-Manufacturing Inc is a co-pack for one of Lethbridge’s major local food processors. As a large-format single-user of the Outpost Warehouse property, WG Pro-Manufacturing Inc. is a growth business. There are six years of the lease term remaining, with rent increases every two years. The Net Operating Income for the Outpost Warehouse is $1,080,000 (2025). There is the value-add opportunity to increase revenue by up to $75,600 per year through the newly packed gravel parking available on the east side of the building. The extra land has been allocated for up to 42 semi trailers at a rate of $150 per month per stall. Please connect with Doug Mereska for pricing guidelines.
Transaction Type
For Sale
Title
Fee Simple
Days On Market
1
Zoning
Direct Control (DC)
Subdivision
Sherring Industrial Park
Building Type
Free-Standing,Warehouse
Year Built
2023
Structure Type
Warehouse
Property Type
Commercial
Property Sub Type
Industrial
Legal Plan
0814655
Building Area (Sq. Ft.)
103788.00
Building Area (Sq. M.)
9642.14
Lot Size (Sq. Ft.)
297950
Lot Size (Acres)
6.84
Inclusions
None
Restrictions
See Remarks
Reports
Floor Plans,Formal Lease,Rent Roll,RPR,Site Plans,Title

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