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Home AB Greater Lethbridge Lethbridge Sherring Industrial Park
3690 36 Street
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3690 36 Street $17,500,000
$17,500,000
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3690 36 Street
Lethbridge, Alberta T1H0E8

MLS® Number: A2219855

Listing Description

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. (30511550)

Property Summary

Property Type
Industrial
Community Name
Sherring Industrial Park
Subdivision Name
Sherring Industrial Park
Title
Freehold
Land Size
6.84 ac|5 - 9.99 acres
Built in
2023
Annual Property Taxes
$182,569.17
Time on REALTOR.ca
44 days

Building

Interior Features
Ceiling Height
216 in
Building Features
Total Buildings
1

Measurements

Square Footage
103788 sqft
Total Finished Area
103788 sqft
Exterior Building Size
103788 sqft

Land

Other Property Information
Zoning Description
Direct Control (DC)
Lease Type
Triple Net
Data provided by: Pillar 9™
DOUG MERESKA