Property Description

As Saskatchewan’s newest and fastest-growing city, Martensville is demanding new industrial/retail services. 800 Centennial Drive is ideally located and is about 10 km outside of Saskatoon. Sitting on 2.21 acres of land, this 18,675 SF building is fully-leased by Phobia Auto Care, Alpyne Apparel, and Bravo Dance. Built in 2016, this high-quality development is very well-maintained and it is a perfect fit for anyone looking for a current and future investment opportunity.

BUILDING SIZE
18,675 SF

LAND SIZE
Building land: 1.47 acres
Future development: 0.74 acres
Total 2.21 Acres

SALE PRICE
Building: $3,570,000
Land: $425,000
Total $3,995,000

TAXES (2020)
$16,733.63 (total both properties)

NOI
$257,878.64 (2021)

LAND DETAILS
44 parking stalls for existing building

BUILDING DETAILS
• Built in 2016
• 5 total units
• Currently fully-leased

LEGAL DESCRIPTION
Surface Parcels 203133484 & 203031199

ZONING
M – Industrial District

POSSESSION
Immediate

    800 Centennial Dr N, Martensville, SK

    For Sale - Retail Investment

    18,675 SF
    $3,995,000
    Listing ID #2111
    Contact