12,398 ft²Office / Retail / Industrial$17,050,000Sale
12,398 ft²
Office / Retail / Industrial
$17,050,000
Sale
Download Brochures
Marcus & Millichap REIS Canada Inc. is pleased to present for acquisition a 100% freehold interest in a Portfolio comprised of three properties, 1201 2A Avenue N, 104 13 Street N, and 225 28 Street N, Lethbridge, Alberta (collectively, the “Portfolio” or the “Properties”; individually the “Subject Property”), located in Lethbridge Alberta. The Portfolio provides an investor the unique opportunity to acquire three stable income producing properties, all within a close proximity to one another providing operational efficiencies and synergies. Located within the heart of Lethbridge, each of the Subject Properties is exceptionally located with convenient access to many major amenities, educational institutions, and major transportation routes. The Portfolio is comprised of 105,332 square feet of retail, industrial, and limited office space, with a combined site size of 7.12 acres.
The Space
Asking Price$17,050,000
Available Space12,398 ft²
Floor1
Property UseIndustrial / Office / Retail
ZoningC-G General Commercial
Year Built1996
Parking Spaces30
SourceDirect
The Building
Strong tenant roster secured on longstanding leases, with nationally recognized tenants including: FedEx, Dollarama, H&R Block, M&M Food Market, Aaron’s, and Day & Ross . The Portfolio combined contains a strategic mix of retail, industrial, and office space. Opportunity to increase the overall cash-flow and realize upside by strategic lease-up of vacant spaces. The Properties are positioned within an 800m radius of one-another, providing operational efficiencies. The Properties are exceptionally located, all with access and exposure to major roadways and thoroughfares such as 2 Avenue N, Highway 3, and 13 Street N.
Property TypeRetail / Other
Floors1
Building Size12,398 ft²
ZoningC-G General Commercial
Year Built1996
Parking Spaces30
Up to $500K for Alberta businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.
