Owner / User Building with Investment Income

Industrial for Sale
Catylist Listing ID: 30414548
Property Subtypes: Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Warehouse/Distribution
Building Size (RSF): 21,947 SF
Gross Building Area: See Agent
Gross Land Area: 2.80 Acres
Sale Price: $2,750,000
Unit Price: $125.30 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/14/2019

Overview / Comments

OWNER / USER OPPORTUNITY
260 Panet Road is a 9,825 sf clear-span quality industrial warehouse, constructed in 2014 and available for a new owner to fully occupy.

INCOME PROPERTY
250 Panet Road offers the new owner significant diversified income from numerous long-standing tenants

TRAFFIC LOCATION
Rooted in the Mission Industrial Park, the property is located along a high traffic thoroughfare with traffic volumes of over 20,000 vehicles per day

UNENCUMBERED ASSET
Property is being sold free and clear, thereby providing investors with the ability to take advantage of today’s attractive interest rates

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 2A
Zoning: M3
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Excellent
Year Built: 1954
Year Renovated: 2014
Parking Type: Surface

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Contact

Photograph of Listing Agent

Wes Schollenberg

Avison Young Commercial R.E.(Manitoba)
CPIX® Member
Photograph of Listing Agent

Jamie McPetrie

Avison Young Commercial R.E.(Manitoba)
CPIX® Member
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