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6-unit retail building w/ additional storage bay located along Golden Spike Road in the heart of Spruce Grove Industrial Park. High exposure with 11,000+ cars passing daily. Approximately 11,200 sq ft worth of lease space. Cap rate is in the high 6s with opportunity to increase by leasing vacant units. Additionally, there’s enough land to build 2 additional bays. Recent renovations/upgrades include: new electrical panels, firewalls (throughout), aluminum capping on all windows and doors, 2 vac units, eavestroughs, interior and exterior doors, 6000 BTU boiler & much more.
Property Details
Area | Spruce Grove |
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Property Type | Retail |
Days On Our Website | 29 |
Garages | 0 |
Listing Office: Century 21 Urban Realty
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