Maxwell Capital Realty
Anna Pitt, Maxwell Capital RealtyPhone: (403) 605-7073
Email: [email protected]
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listing
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CommercialFor Sale
$17,500,000
3690 36 Street
Lethbridge, AB T1H 0E8
Courtesy of Avison Young
MLS: Pillar9
103,788Sq Ft
Est. Mortgage
$90,086/mo

Presenting an exclusive opportunity for an investor to acquire a rarely available 103,788 sf freestanding industrial warehouse building on 6.84 acres, at the corner of 36 Street and 37 Avenue in the heart of the Sherring Industrial Park. The property’s current tenant WG Pro-Manufacturing Inc is a co-pack for one of Lethbridge’s major local food processors. As a large-format single-user of the Outpost Warehouse property, WG Pro-Manufacturing Inc. is a growth business. There are six years of the lease term remaining, with rent increases every two years. The Net Operating Income for the Outpost Warehouse is $1,080,000 (2025). There is the value-add opportunity to increase revenue by up to $75,600 per year through the newly packed gravel parking available on the east side of the building. The extra land has been allocated for up to 42 semi trailers at a rate of $150 per month per stall. Please connect with Doug Mereska for pricing guidelines.

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Information courtesy of Avison Young is subject to verification and is not guaranteed.