Investment Highlights

Fully leased and ideally located in no vacancy area


Ideally located just a 10 minute drive to Winnipeg’s booming Southwest hubs, 145 Oakland Road is a stabilized asset with solid fundamentals offering property management up-side value

This investment opportunity is currently 100% leased and offers tremendous value from both in place income and renewal rate escalations.

Built in 1996 and 2019, the property offers blended construction of modern building design and configurable premises.

The property consists of 8 rental units in two buildings and is currently occupied by 6 different tenants with varying lease maturity dates offering income stability, diversity, and upside.

Tenants include The Sportz Express Training and Recreation Facility, numerous contractors as well personal storage units, which continue to grow in popularity. The largest tenant occupies 43% of the centre ensuring long-term stability of income.

High demand, suburban location


145 Oakland Road Just off the Perimeter near McGillivary Boulevard for easy access to anywhere in the City and a 10 minute drive Costco Kenaston Boulevard.

Highlights

Building GLA – 24,276 SF

Land Size – 1.93 Acres

Asking Price – $3,800,000 ($157 psf)

Fully leased 12 Month Historical Gross

Income – $367,675.49
Average Net Rate – $11.35 PSF

Zoning – CMU Commercial Mixed Use

Vacancy Rate – 0%

Tenants – 6 tenants

Type of Tenants – Sports training and recreational facility, contractors, personal storage

Marketing Materials

Site Plan

Site Plan

Brochure

Brochure

CA Agreement

CA Agreement

Team

Tom Snowdon
Tom Snowdon
Senior Associate
Avison Young - CA - MB - Winnipeg
Carter Russell

Carter Russell

Associate
Avison Young Commercial Real Estate

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