Property Description

North 48 is located along one of Saskatoon’s main North Industrial arteries. This multi-tenant complex was constructed in 2008; it was fully-leased and build out was completed for Cameco. The rear building is currently occupied by two government tenants: SaskTel and 3S Health. ICR Brokerage (North) occupies the freestanding building on site. The site offers central access to both the new Chief Mistawasis Bridge as well as Circle Drive for easy access to all quadrants of the city.

All leases include renewal options for the tenants. Rent roll is included herein.

BUILDING SIZE
Building A: 59,190 SF
Building B: 4,381 SF
Total: ± 63,571 SF

LAND SIZE
2.81 Acres (122,403 SF)

SALE PRICE
$16,750,000.00

PROPERTY TAXES
$194,341.65 (2018)

PARKING
192 paved & electrified parking stalls on site

BUILDING DETAILS
• Designed to accommodate OH doors for wholesale/retail use
• LED perimeter exterior lighting
• Integrated card access system
• Fire panel with fire sprinkler system throughout
• Fully-wired throughout for network access
• Metasys Building Management zoned HVAC system with 11 rooftop units and perimeter radiant panel heat supplied by high efficiency modulating boiler
• Computer-based building management system controls & monitors the mechanical system
• Motion-sensored lighting, sinks & toilets
• Access to public transit located at Millar Avenue

ZONING
IL1

LEGAL DESCRIPTION
Parcels 118989994, 118989905, 164388134

POSSESSION
Immediate

    Additional Listings at 838 48th St E, Saskatoon, SK

    • East Wing - Main Floor
      $17 PSF Net
      For Lease
      7,459 SF
    • Main Floor
      $17 PSF Net
      For Lease
      6,248 SF

    838 48th St E, Saskatoon, SK

    For Sale - Investment Opportunity

    63,571 - 63,751 SF
    $16,750,000
    Listing ID #1429
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