Price: $8,500,000
No. of Units: 462
Lot Size: 2.05 acres
Property Type: Industrial
Zoning: IB
City: Edmonton
Province: Alberta
Name of Brokerage: NAI Commercial
A 462-unit storage facility in Edmonton has sold for $8.5 million, Ken Kiers of NAI Commercial tells Western Investor.
The newly constructed building is 81,012 square feet with full TransCanada Highway exposure. The tenant, Henday Self-Storage, offers business, commercial, residential and climate-controlled storage. The facility has an 8 per cent cap rate.
The property is located at 20210-188A Ave., Edmonton.
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