4211 25 Avenue – Tenanted Industrial Investment Property

Asking Price$2,999,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.11500

Price per Sq. Ft.Not Disclosed

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4211 25 Avenue – Tenanted Industrial Investment Property


Asking Price$2,999,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.11500

Price per Sq. Ft.Not Disclosed

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.
Listing Info
ID:
2553605
Listing Views:
3
Attached DocumentsAttachment Disclaimer

01 VERNON PROPERTY_compressed (1).pdf


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