18,718 SF of industrial space, with the option to lease an additional ±33,000 SF of fenced yard. Substantial renovations now completed with new exterior and interior paint, new office paint, and LED lighting. The lease rate for the unit starts at $13.00 PSF, and the lease rate for the yard is $1.50 PSF. The industrial unit includes 5,454 SF of office space over two floors and 13,264 SF of warehouse space. The office layout features a showroom area with private offices, a reception area at the rear of the unit, and a lunchroom on the second floor. The warehouse boasts 21.5 ft ceilings, 7 drive-in doors with drive-through capability, and heavy power (to be determined). Operating Costs (estimated for 2025) are $9.63 PSF, which includes electricity, gas, water, and sewage. Estimated monthly rent is $39,500 plus utilities + GST. Conveniently located near 32 Avenue NE, Barlow Trail NE, and Deerfoot Trail NE.
Listed by Manny Verdugo of CDN Global Advisors Ltd.

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Property Details of 3501 23 Street NE, Unit Unit 111

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