For Sale


5505 Magasin AV , Beaumont, AB T4X 1V8


10% cap rate. Magasin Business Park is a total 11 688 square feet comprising of six individual 1948 square foot buildings with potential for 38 parking stalls on one acre. High exposure from Hwy 625 & Magasin Avenue. Built as a business park to accommodate a variety of users such as medical, legal, retail, office or professionals. Wood frame construction, all buildings framed for 16' x 10' overhead doors. All six buildings currently leased to one user (francophone school). Lease in place till January 31, 2024, & an option till August 31, 2024. Excellent revenue with cap rate of 10%.

Property Summary

  • Neighbourhood: Chaleureuse Business Park
  • Built in: 2010

Listing courtesy of: 

Richard Leblanc of Royal LePage Gateway Realty

Data was last updated 2023-05-16 at 2:48 PM

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