1 & 3 Coronation Drive
$8,000,000

Two fully leased industrial properties with an excellent cap rate.

They are located in the Kam Lake Industrial Park, Yellowknife’s premier industrial area, conveniently close to the city proper, its main truck route and the airport.

3 Coronation Drive is 8.1 acres in size. The primary building is 30,000 sf in size and consists of 9 100’ deep bays, several of which have 2nd floor offices or storage mezzanines. Most of the tenants are either strong multinational corporations or the federal government. The building is very energy efficient and has lower than average operating costs. There is also a 10-bedroom worker’s accommodation and a number of smaller shops and storage buildings on site with plenty of space for further development.

1 coronation Drive is .74 acres and has a 3200 sf three bay shop building plus another staff house.
Detailed building specs, rent rolls and financial statements will be made available to prospective purchasers upon entering into an NDA.

Details

  • Address
    1 & 3 Coronation Drive
  • Location
    Yellowknife
  • Price
    $8,000,000
  • Taxes
    $87,284.00
  • Building Area
    43,122 Sq. Ft. Total
  • Lot Size
    8.9 Acres
  • Parking
    Multiple

Location