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Magasin Business Park. 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 over 8.5%
Property Details
Area | Leduc County |
---|---|
Property Type | Retail |
Days On Our Website | 13 |
Garages | 0 |
Courtesy of Royal LePage Gateway Realty of Richard Leblanc
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