4800 sq.ft. +/- building consisting of 3 separately titled bays currently developed as one unit but separately serviced should you wish to divide by demising walls in future. Fully leased (triple net lease) to long term national tenant with lease expiring end of July 2023 (with tenant option to renew for further 5 years). Current cap rate is 5.8%; however lease rates increase August 1st of this year bringing cap rate to 6.1%.
Lee Smithson, 780-963-4004 at RE/MAX Real Estate Stony Plain, 100-72 Boulder Blvd, Stony Plain, Alberta, T7Z 1V7