Average square foot calculated using Size range provided by listing agent.
Description
This industrial parcel is leased to a strong national tenant for a three year lease, with flexibility at 18 months (Sept 2026). Average net income on the land lease over the three year term is $63, 250. In addition to rent, the tenant pays tax, maintenance, and other operating costs associated with the site. The site itself is primed for future development for a single or multi-user facility. It is a fully graded site with all Lethbridge utility services available. The nearly square site dimensions of approximately 380’x 320’, with great frontage along 18th Avenue North, makes this parcel a flexible development site suitable for a variety of users. The site is graveled, fully fenced and secure, features three catch basins for proper water management, and has two solar light poles on site. 1. Graded and graveled site 2. Fully fenced 3. All utilities available 4. Appx 380’x 320’ site 5. Frontage on 18 Ave NShow Description
MLS® NumberA2259163
Laundry Level
Central VacNo
FireplaceNo
Acreage2.79
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel
Extras
None
Similar Listings
Get notified of price or status changes by saving this listing