145 Oakland Road, Oak Bluff, MB

Fully leased and ideally located in no vacancy area

Ideally located just a 10 minute drive to Winnipeg’s booming Southwest hubs, 145 Oakland Road is a stabilized asset with solid fundamentals offering property management up-side value

This investment opportunity is currently 100% leased and offers tremendous value from both in place income and renewal rate escalations.

Built in 1996 and 2019, the property offers blended construction of modern building design and configurable premises.

The property consists of 8 rental units in two buildings and is currently occupied by 6 different tenants with varying lease maturity dates offering income stability, diversity, and upside.

Tenants include The Sportz Express Training and Recreation Facility, numerous contractors as well personal storage units, which continue to grow in popularity. The largest tenant occupies 43% of the centre ensuring long-term stability of income.

145 Oakland Road Just off the Perimeter near McGillivary Boulevard for easy access to anywhere in the City and a 10 minute drive Costco Kenaston Boulevard.

• Building GLA – 24,276 SF
• Land Size – 1.93 Acres
• Asking Price – $3,800,000 ($157 psf)
• Fully leased 12 Month Historical Gross
• Income – $367,675.49
• Average Net Rate – $11.35 PSF
• Zoning – CMU Commercial Mixed Use
• Vacancy Rate – 0%
• Tenants – 6 tenants
• Type of Tenants – Sports training and recreational facility, contractors, personal storage