Outpost Warehouse

Opportunity

Presenting an exclusive opportunity for an investor to acquire a rarely available 103,788 sf freestanding industrial warehouse building on 6.84 acres, at the corner of 36 Street and 37 Avenue in the heart of the Sherring Industrial Park.

The property’s current tenant WG Pro-Manufacturing Inc. is a co-pack for one of Lethbridge’s major local food processors. As a large-format single-user of the Outpost Warehouse property, WG Pro-Manufacturing Inc. is a growth business. There are six years of the lease term remaining, with rent increases every two years. The Net Operating Income for the Outpost Warehouse is $1,080,000 (2025). There is the value-add opportunity to increase revenue by up to $75,600 per year through the newly packed gravel parking available on the east side of the building. The extra land has been allocated for up to 42 semi trailers at a rate of $150 per month per stall. Please connect with Doug Mereska for pricing guidelines.

Location

Lethbridge has an estimated population of 111,400, with the local economy being driven by the agri-food sector. Major local agri-food businesses include McCain Foods Ltd., Cavendish Farms, Hostess Frito Lay, Lamb Weston Canada ULC, Richardson Oilseed Ltd., Bondulle Canada Inc., and PIP International Inc., as well as many satellite businesses that service these major food processors.

The Outpost Warehouse site boasts multiple access points and excellent connectivity to Alberta’s Export Highway with US Interstate 15 and the future CANAMEX corridor. The site is just over an hour drive to the Canada / US Border.

Click to download Confidentiality Agreement

Avison Young has been retained by Collective Assets Ltd. on an exclusive basis to arrange for the offering and sale of a 100% interest in the Outpost Warehouse. Additional information can be made available to assist in evaluating this sale offering upon execution of a Confidentiality Agreement by interested parties/prospective purchasing entities.