About 17220 106 Ave NW

" Small Bay Industrial Investment Opportunity: The offering presents the highly coveted opportunity to acquire small-bay industrial product in the nation' s strongest industrial market. Totem Business Park is comprised of 22 condo units, of which 4 contiguous bays are currently for sale. " Strong Fundamentals: Small bay sizes, good parking, grade loading, new roof, 2nd floor office space and proximity to major arterials ensures continuous user demand for the Property. " Immediate Income Stability: The four condo units for sale are fully occupied by Display Design Systems until June 2017, providing 2 years of income stability. In-place rental rates are well below market indicating strong upside upon renewal. " Owner/User Exit Strategy: All bays are separately metered and titled, providing an excellent opportunity to sell individual bays to owner/users upon lease expiry at a significant value premium. " Clear Title Offering: Totem Business Park is being offered free and clear of existing financing, allowing an investor to take advantage of today' s attractive debt markets. CBRE' s Debt & Structured Finance team is available to discuss potential financing options. Price Not Disclosed

  • Property Type Industrial
  • Total Available Space 12,776 SF
  • Direct Available Space 0 SF
  • Sublet Available Space 0 SF
  • Min Divisible 0 SF
  • Max Contiguous 0 SF
  • Building Size 12,776 SF
  • Year Built 1978

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