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LOADING

5505 Magasin Av Beaumont, Alberta T4X 1V8

11688 sqft

$3,300,000

10% cap rate. Magasin Business Park is a total 11 688 square feet comprising of six individual 1948 square foot buildings with potential for 38 parking stalls on one acre. High exposure from Hwy 625 & Magasin Avenue. Built as a business park to accommodate a variety of users such as medical, legal, retail, office or professionals. Wood frame construction, all buildings framed for 16' x 10' overhead doors. All six buildings currently leased to one user (francophone school). Lease in place till January 31, 2024, & an option till August 31, 2024. Excellent revenue with cap rate of 10%. (id:49443)

Property Details

MLS® Number E4280751
Property Type Retail
Neigbourhood Chaleureuse Business Park

Building

Constructed Date 2010
Size Interior 11688 Sqft

Land

Acreage No

https://www.realtor.ca/real-estate/24121439/5505-magasin-av-beaumont-chaleureuse-business-park