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5505 Magasin Av Beaumont, Alberta T4X 1V8

11688 sqft


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


Constructed Date 2010
Size Interior 11688 Sqft


Acreage No