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High-viz Edmonton industrial property sells for $10.82M

Strategically located property is fully tenanted
yellowhead-industrial-edmonton
A four-building industrial park at 12912-12920 Yellowhead Trail sold July 8 for $10.8 million.

DEAL | Yellowhead Industrial consists of four buildings totaling 111,713 square feet of leasable area on a 9.89-acre site at 12912-12920 Yellowhead Trail, Edmonton. The property is fully leased to the Edmonton Police Service, Allcan Distributors, Vipond, Westcan Advanced Communications, The Salvation Army, Black Arrow Machine & Welding, and Raven Industries. The property’s location on Hwy 16 provides excellent visibility and connectivity for tenants. Zoned IM (medium industrial), the property traded July 8 in an off-market transaction for $10.82 million.

PRICE | $10,819,000

FROM | Reed Newnham and Rob Iwaschuk, Avison Young