1401 N 28 St - Warehouse FOR SALE


Lethbridge, AB T1K 6A5
$2,100,000 CAD
403-942-0064
1401 N 28 St, Lethbridge, AB for Sale
$2,100,000 CAD
Warehouse - FOR SALE
1/1
null | Request Cap Rate

1401 N 28 St
Lethbridge, AB T1K 6A5


HIGHLIGHTS

  • Large Yard
  • Large, private parking lot
  • Huge, 6.08 acre site
  • Central location

OVERVIEW

This site has a number of potential options for redevelopment and expansion including updating the existing building, extending the existing building by adding square footage, developing auxiliary buildings, or redeveloping the entire property. With industrial real estate being in high demand in Lethbridge, and a tight vacancy rate of approximately 3%, this is an excellent opportunity to update and expand an industrial offering in a great location. The property is situated at the edge of Churchill Industrial Park along 28th Street North (7,500 VPD+). The site offers approximately 500 feet of frontage along 28th Street North providing excellent exposure and convenient access. The building has a committed tenant, Paul Davis Lethbridge, operating under a semi-gross lease which is up for renewal December 31, 2023. Please contact an Associate to discuss this opportunity further.

FOR SALE DETAILS

PRICE

$2,100,000 CAD

PRICE/SF

$112 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.1

LAND SF

265,716

ZONING

(U-I)

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Doug MereskaAvison YoungMore Info
403-942-0064

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Doug MereskaAvison YoungMore Info
403-942-0064

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.