1169/1175 Sherwin Road

Industrial for Sale
Catylist Listing ID: 30808582
Property Subtypes: Flex Space, Industrial-Business Park, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 96,431 SF
Gross Land Area: 3.90 Acres
Sale Price: $1
Unit Price: $0 PSF
Ceiling: 20 ft. / 17 ft. Clear
Docks/Doors: 14 Docks, 14 Doors
Property Use Type: Investment
Building Name: 1169/1175 Sherwin Road
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 8/10/2022

Overview / Comments

Fully leased 96,431 +/- sq. ft. industrial warehouse/office building for sale in the St. James Industrial Park. The property is 100% occupied offering income stability along with potential to add significant value through new leasing and renewals (current base rents are below marketing average).

The St. James district has the highest concentration of industrial space in the City of Winnipeg and the northwest quadrant is the fastest growing segment for industrial sites.

Please Note: The quoted sale price is not the actual sale price. The actual sale price is to be determined. Please contact agent.

Current Tenants

Tenant Business Name Macmor Industries
SF of Space Occupied 58,634 SF
Tenant Business Name W.J. Pariseau Sales Ltd.
SF of Space Occupied 37,797 SF

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 07010753500
Zoning: M2 - INDUSTRIAL
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 93,589 SF
Property Condition: Good
Year Built: 1970

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Contact

Photograph of Listing Agent

Robert Scaletta

Shindico Realty Inc. CPIX® Member
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