Highway 16 Exposure | Strong Tenant | $144,000 Net Annual Income
Investor Alert! This 10,137 sq ft freestanding commercial/industrial building with premium exposure along Highway 16 (Westbound) in Edson, AB is fully leased and ready to generate income from day one.
✅ Key Features:
$12,000/month income ($10,000 base rent $2,000 CAC)
New 5-year lease in place (March 1, 2024 – March 1, 2029)
Cap Rate potential: ~7.5% (based on asking price & NOI)
Zoned C-2 (Service Commercial) – ideal for a variety of industrial or service uses
Large footprint:
7,212 sq ft shop/warehouse
2,000 sq ft main-level office
2,000 sq ft mezzanine office/conference room with full kitchen
4 x 14' overhead doors
6 bathrooms (2 with showers)
3-phase power, radiant & forced air heating
Ample front and rear parking
Fenced 26,000 sq ft compound on separate title (Lot 10, Blk 202, Plan 8022726)
This well-maintained, high-functioning commercial asset is ideal for out-of-town or local investors looking for solid cash flow and minimal management.
Location: Prime visibility on 4th Avenue with direct exposure to Highway 16 traffic.
Don't Miss This Passive Income Opportunity!
Contact us today for financials or to schedule a viewing.
When you call please mention you found this ad listing on OKz.ca
Contact Person | : | Dustin VanDyk |
Address | : | Edson, AB, T7E1L9 |
City | : | Edmonton |
Phone | : | 780-712-XXXX (Show) |
Asking Price | : | $1399999 |
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