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Industrial Sale Leaseback w/Long-Term Net Lease - 46,752 SF

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  • Selkirk, MB
    Canada
  • Auction #411-1
    Commercial Property
  • Interior Space:
    ± 46,752 SF
  • Lot Size:
    ±5.33 acres
  • Transaction Fee:
    4%
  • Broker
    Co-op:
    1%

Commercial Property For Sale in Selkirk, MB

Industrial Sale Leaseback w/Long-Term Net Lease - 46,752 SF

509 Mercy Street, 511 Mercy Street, Selkirk, MB R1A 2B2

SELLER IS WELL-ESTABLISHED COMPANY AND WILL EXECUTE NEW LONG-TERM NET LEASE

RE/MAX Professionals are pleased to present the Online Auction Plus Event (ALLOWS FOR CONTINGENCIES) for an industrial leaseback consisting of two (2) adjacent industrial buildings on 1.99 AC and 3.34 AcresBoth sites have a long-standing history of growth and success. The new owner and the current tenant would enter into a long term net lease with renewal options (to be determined) at a rate that would reflect a profitable return for the investor. These properties are being offered at above-market cap rates* and provide a safe haven for investor's capital for the foreseeable future.  You do not want to miss out on this fantastic investment opportunity with a very attractive rate of return! 

*Cap Rate Calculation shown above is based on the Minimum Bid Amount.

*Cap Rate will be calculated for each bid amount entered in the bid box at the top of the page.

The Sale-Leaseback: A Win-Win-Win

  • A sale-leaseback can let the seller/lessee unlock significant cash value while maintaining control and use of the property
  • A sale-leaseback requires rent that the seller/lessee can immediately expense
  • A sale-leaseback is effectively a bond; the investor/buyer/lessor receives a guaranteed income stream from the property
  • A sale-leaseback allows the investor/buyer/lessor to retain 100% of the value gain when the property is sold
  • A sale-leaseback provides both the lessor and lessee with significant tax benefits (check with your tax advisor for details)

CLICK HERE FOR GOOGLE EARTH LOCATION

Property Highlights: 509 Mercy Street

• 1.99 Acres with Approximately 16,817 SF Gross Floor Area
• Wood framed and metal clad with grade access
• Electrical service: 600 Amp 600 Volt 3 Phase
• Pitched metal roof
• Concrete slab foundation with high overhead doors at the front and back

Property Highlights: 511 Mercy Street

• 3.34 Acres with Approximately 29,935 SF Gross Floor Area
• Clear span steel construction
• Electrical service: 1,220 Amp 600 Volt 3 Phase
• Flat roof, torch on membrane

Downloadable Documents

Property Information

Investment Package

Auction Information

User Access Form

Purchase and Sale

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Broker of Record for this property: RE/MAX Professionals

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

Contingencies may be included with your bid

BID DEADLINE:   19 Jan 5:00 pm CST
Cap Rate: 14.09% (based on minimum bid and net income of CAD $549,330)
Minimum Bid: CAD $3,900,000
Suggested Value:CAD $8,000,000
Required bid deposit: CAD $5,000
days
hours
mins
secs
Auction Ended
Alex Welton Event Manager The Future of Real Estate (FRE) P: (949) 706-6119 E: awelton@fre.com
Jane Arnot Property Representative RE/MAX Professionals P: (204) 471-1248 E: jane@janearnot.com
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Commercial Property For Sale in Selkirk, MB
Industrial Sale Leaseback w/Long-Term Net Lease - 46,752 SF
509 Mercy Street
511 Mercy Street
Selkirk, MB R1A 2B2
Canada
Auction # 411-1

Contingencies may be included with your bid

Bid Deadline:
19 Jan 5:00 pm CST
Minimum Bid
CAD $3,900,000
Suggested Value
CAD $8,000,000
Required bid deposit
CAD $5,000
Cap Rate: 14.09% (based on minimum bid and net income of CAD $549,330)
  • Selkirk, MB
    Canada
  • Property Type:
    Commercial Property
  • Interior Space:
    ± 46,752 SF
  • Lot Size:
    ±5.33 acres
  • Transaction Fee:
    4%
  • Broker Co-op:
    1.00%
Property Description

SELLER IS WELL-ESTABLISHED COMPANY AND WILL EXECUTE NEW LONG-TERM NET LEASE

RE/MAX Professionals are pleased to present the Online Auction Plus Event (ALLOWS FOR CONTINGENCIES) for an industrial leaseback consisting of two (2) adjacent industrial buildings on 1.99 AC and 3.34 AcresBoth sites have a long-standing history of growth and success. The new owner and the current tenant would enter into a long term net lease with renewal options (to be determined) at a rate that would reflect a profitable return for the investor. These properties are being offered at above-market cap rates* and provide a safe haven for investor's capital for the foreseeable future.  You do not want to miss out on this fantastic investment opportunity with a very attractive rate of return! 

*Cap Rate Calculation shown above is based on the Minimum Bid Amount.

*Cap Rate will be calculated for each bid amount entered in the bid box at the top of the page.

The Sale-Leaseback: A Win-Win-Win

  • A sale-leaseback can let the seller/lessee unlock significant cash value while maintaining control and use of the property
  • A sale-leaseback requires rent that the seller/lessee can immediately expense
  • A sale-leaseback is effectively a bond; the investor/buyer/lessor receives a guaranteed income stream from the property
  • A sale-leaseback allows the investor/buyer/lessor to retain 100% of the value gain when the property is sold
  • A sale-leaseback provides both the lessor and lessee with significant tax benefits (check with your tax advisor for details)

CLICK HERE FOR GOOGLE EARTH LOCATION

Property Highlights: 509 Mercy Street

• 1.99 Acres with Approximately 16,817 SF Gross Floor Area
• Wood framed and metal clad with grade access
• Electrical service: 600 Amp 600 Volt 3 Phase
• Pitched metal roof
• Concrete slab foundation with high overhead doors at the front and back

Property Highlights: 511 Mercy Street

• 3.34 Acres with Approximately 29,935 SF Gross Floor Area
• Clear span steel construction
• Electrical service: 1,220 Amp 600 Volt 3 Phase
• Flat roof, torch on membrane

Downloadable Documents
User Access Form
Purchase and Sale
Property Viewing

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement
Financing

Financing

This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Contact Us
Alex Welton Event Manager The Future of Real Estate (FRE) P: (949) 706-6119 E: awelton@fre.com
Jane Arnot Property Representative RE/MAX Professionals P: (204) 471-1248 E: jane@janearnot.com
Broker of Record for this property: RE/MAX Professionals

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.