Single Tenant Investment Opportunity

Industrial for Sale
Catylist Listing ID: 30193721
Property Subtypes: Manufacturing
Building Size (RSF): 122,675 SF
Gross Land Area: 281,848 SF
Sale Price: $9,500,000
Unit Price: $77.44 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/31/2018

Overview / Comments

Colliers’ National Investment Services in Winnipeg is pleased to announce that it has been retained to act as the exclusive agent in the sale of 680-692 Mission Street in Winnipeg, Manitoba. This single tenant investment property is occupied by Carfair Composites Inc., a vertically integrated and wholly owned subsidiary of New Flyer Industries, and features a long term lease extending until December 2022.

Offered for sale at $9,500,000 (7.1% Yield on Year 1 Net Income). A Confidential Information Document is available to qualified purchasers upon execution of a Confidentiality Agreement. All offers to purchase are to be submitted to Colliers International and will be considered by the Vendor as received.

Please visit the Colliers website at http://www.collierscanada.com/23954 for more information or contact Colliers at 204-943-1600.

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 2A
Zoning: M3


Contact

Photograph of Listing Agent

Brian Taillieu

Colliers International - Brian Tailleu
CPIX® Member
Photograph of Listing Agent

Donald White

Colliers International - Don White
CPIX® Member
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