Medicine Hat Realtor® Murray Shivak
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403-878-9998

3205 18 Avenue N

eXp Realty

Currently Listed at $1,100,000

Description

This industrial parcel is leased to a strong national tenant for a three year lease, with flexibility at 18 months (Sept 2026). Average net income on the land lease over the three year term is $63,250. In addition to rent, the tenant pays tax, maintenance, and other operating costs associated with the site. The site itself is primed for future development for a single or multi-user facility. It is a fully graded site with all Lethbridge utility services available. The nearly square site dimensions of approximately 380’x 320’, with great frontage along 18th Avenue North, makes this parcel a flexible development site suitable for a variety of users. The site is graveled, fully fenced and secure, features three catch basins for proper water management, and has two solar light poles on site.
1. Graded and graveled site
2. Fully fenced
3. All utilities available
4. Appx 380’x 320’ site
5. Frontage on 18 Ave N

Property Listed by Doug Mereska of Avison Young

Essential Information

MLS
A2259163
Price
$1,100,000
Lot Shape
Year Built
Type
Industrial Land

Inclusions

None

Construction

Location

Murray Shivak

Murray Shivak

eXp Realty

(403) 878-9998

[email protected]

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Murray Shivak

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Murray Shivak

Residential, Agricultural and Commercial Real Estate

403-878-9998

[email protected]

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