50,495 ft²Office / Retail / Industrial$5,915,000Sale
50,495 ft²
Office / Retail / Industrial
$5,915,000
Sale
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Opportunity to purchase an industrial showroom building and an office/commercial building on one title. Featuring unique architectural design, glazing and sky lights, multiple floors, an elevator, a fenced yard, and ample parking. The Hemingway & Hendrix buildings have the unique advantage of being positioned on the East side of 118 Ave close to multiple neighbourhoods, allowing businesses here to service a large section of Edmonton’s population. The buildings are minutes away from St. Albert Trail/ Groat Road and 149 Street, as well as the Yellowhead Highway, a major freeway on Edmonton’s North side which extends outside the city across the province. With proximity to various industrial and commercial businesses and major throughfares, the Hemingway & Hendrix buildings are well positioned and create durable investment returns.
The Space
Asking Price$5,915,000
Available Space50,495 ft²
NegotiableYes
Net Operating Income$295378
SourceDirect
The Building - Hemingway & Hendrix
Highlights • Long term tenants • Excellent exposure along 118 Avenue with 14,800 vehicles per day • Access to St. Albert Trail, 149 Street, 111 Avenue, and Yellowhead Highway • Ample parking and yard space around building Hemingway • Unique architecturally designed building with ample glazing and sky lights throughout • Elevator equipped building • Updated common areas • Long term tenants with ~7 year WALT • 104 Parking stalls Hendrix • The building features 0.75 Acre paved fenced yard with two access points • Two grade loading doors • Bonus 45’x75’ Quonset Hut structure included on site
Property TypeIndustrial
Floors2
ZoningIM – Medium Industrial
Direct Elevator Exposure
Fenced Lot
Parking
Up to $500K for Alberta businesses
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