Description

Jones Lang LaSalle Real Estate Services, Inc. (“JLL”) is pleased to offer for sale 100% freehold interest in a single-tenant industrial facility situated on a 2.81-acre site, located at 3340 - 33 Street, Whitecourt, Alberta (the “Property” or the “Site”)

This industrial facility is made up of a 8,840 SF service shop and office situatedon a fully fenced improved yard. Upon closing, the Property will be subject to a 10-year, triple-net sale-leaseback to High Arctic Energy Services Inc. (TSX:HWO) ("High Arctic", the "Company", or the "Tenant"), a publicly traded oilfield services company, providing oilfield services to exploration and production companies in Western Canada.

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Caractéristiques de l'actif

Surface de l'actif Net

821 m²

Occupation

100 %

Année de construction

2006

Taille du terrain Brut

11 372 m²

Zone d'activité

Portes au niveau du sol

Locataires

Hauteur libre

5,18 m

Média

Points clés d'investissement

10-year sale-leaseback with annual rent escalations
Strategically located near the Western Canadian Sedimentary Basin
Developed, owned and operated by the Tenant since 2006
Market leading oilfield rental company speacializing in surface pressure control equipment