Pembina Plaza for Sale
Winnipeg, Manitoba
Building
Stats
- Property Type Retail - Strip Center
- Year built 1977
- Building size (SF) 16,588
- Size (Ac) 0.81
- Price $4,975,000 CAD
Overview
Avison Young is proud to present this investment opportunity to purchase a fully leased mixed use office / retail strip mall located in Winnipeg, MB, one of the busiest arterial roads in the city.
Highlights
Incredible rare fully leased Pembina highway immaculately maintained centre for sale
Great upside on future renewals due to recent new facelift
Over $305,000 NOI with $310,000 scheduled next year ( non recoverable management for government tenant factored in)
Assumable 3.24% mortgage for over 50% of value easy to blend and extend
Around $5,000,000 will garner interest. Multiple bids expected
Management in place and can continue
Previously remediated site by Gulf oil in the 90's and further phase 1 and 2 in 2008 clean
Qualified buyers may view data room with fully completed Confidentiality Agreement attached.
Team
Senior Vice President, Broker
Avison Young - CA - MB - Winnipeg
204-560-1501
204-95-6860
204-95-6860