For questions about municipal activities such as zoning, land-use, permits, incentives
Ben Young, Director of Investment Attraction, City of Lethbridge 403-331-0022 | [email protected] https://chooselethbridge.ca/
Marcus & Millichap REIS Canada Inc. is pleased to present for acquisition a 100% freehold interest in a Portfolio comprised of three properties, 1201 2A Avenue N, 104 13 Street N, and 225 28 Street N, Lethbridge, Alberta (collectively, the “Portfolio” or the “Properties”; individually the “Subject Property”), located in Lethbridge Alberta. The Portfolio provides an investor the unique opportunity to acquire three stable income producing properties, all within a close proximity to one another providing operational efficiencies and synergies. Located within the heart of Lethbridge, each of the Subject Properties is exceptionally located with convenient access to many major amenities, educational institutions, and major transportation routes. The Portfolio is comprised of 105,332 square feet of retail, industrial, and limited office space, with a combined site size of 7.12 acres.
Strong tenant roster secured on longstanding leases, with nationally recognized tenants including: FedEx, Dollarama, H&R Block, M&M Food Market, Aaron’s, and Day & Ross . The Portfolio combined contains a strategic mix of retail, industrial, and office space. Opportunity to increase the overall cash-flow and realize upside by strategic lease-up of vacant spaces. The Properties are positioned within an 800m radius of one-another, providing operational efficiencies. The Properties are exceptionally located, all with access and exposure to major roadways and thoroughfares such as 2 Avenue N, Highway 3, and 13 Street N.
Note: distances are in straight line, rather than driving distances
- Highway 3 - Less than 1 km (High Load Corridor)
- Highway 5 - 2.42 km
- Highway 4 - 5.39 km (High Load Corridor)
- Highway 509 - 10.72 km
- Highway 508 - 13.3 km
- Chinook Regional Hospital - 2.38 km
- Regional: Lethbridge Airport - 8.06km
- International: Calgary International Airport - 179.75km
- Historic site designation: 5ap
- HRV(5): high potential to contain a historic resource
- Category (ap): archaeological, palaeontological
- AltaLink - 207L 138kv - 0.76 km
- COALBANKS - 111S , City of Lethbridge - 1.15 km
- NORTH LETHBRIDGE - 370S , AltaLink - 3.62 km
- Within 2.75 km
- Canadian Pacific, Class : Main - 0.44 km
- ATCO Gas - City Of Lethbridge
-
Monarch (MON1), Concord Monarch Partnership - 17.93 km
Solar, 24 MW
- Ready/Available
- Availability is estimated. Contact an internet service provider for more information.
Type | Name | Operated By | Types of Products Shipped | Distance |
---|---|---|---|---|
Grain | CP Lethbridge | Cargill |
|
0.33 KM |
Yard | CP Lethbridge Yard | Canadian Pacific |
|
4.68 KM |
Yard | CP Kipp Yard Coalhurst | Canadian Pacific |
|
11.23 KM |
Grain | CP Lethbridge | Viterra |
|
18.15 KM |
Grain | CP Wilson | Parrish & Heimbecker Ltd |
|
18.15 KM |
Site Data Provided by: |
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