4211 25 Avenue – Tenanted Industrial Investment Property
Property Description
4211 25 Avenue presents an opportunity to acquire a tenanted industrial investment property within Vernon’s established 25 Avenue industrial corridor.
The approximately 0.689-acre property is improved with approximately 11,500 square feet of main-floor space, together with approximately 1,500 square feet of mezzanine area and approximately 2,950 square feet of mostly finished basement area. The building is configured with retail/showroom, parts, warehouse, office and support areas and is currently occupied under an active lease through September 30, 2032. Current base rent is $180,000 annually, with scheduled annual increases during Years 6–10 of the lease. The property is zoned INDL – Light Industrial and offers frontage along 25 Avenue with secondary access from 25A Avenue. This is a court-ordered sale and is subject to court approval and applicable court-ordered sale conditions.
The approximately 0.689-acre property is improved with approximately 11,500 square feet of main-floor space, together with approximately 1,500 square feet of mezzanine area and approximately 2,950 square feet of mostly finished basement area. The building is configured with retail/showroom, parts, warehouse, office and support areas and is currently occupied under an active lease through September 30, 2032. Current base rent is $180,000 annually, with scheduled annual increases during Years 6–10 of the lease. The property is zoned INDL – Light Industrial and offers frontage along 25 Avenue with secondary access from 25A Avenue. This is a court-ordered sale and is subject to court approval and applicable court-ordered sale conditions.
Listing Info
- ID:
- 2553605
- Listing Views:
- 3
Attached DocumentsAttachment Disclaimer
Listing ID: 2553605 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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