Supreme International

JLL as advisors are pleased to present the single-tenant industrial sale-leaseback opportunity at 6010 47 Street, Wetaskiwin, Alberta, featuring Supreme International. This unique opportunity offers a compelling 100% freehold interest in a state-of-the-art industrial facility set on 32.72 acres, perfectly aligning with your investment objectives.

The property spans a substantial 206,985 SF and boasts desirable features such as up to 36-foot clear heights, extensive cranage, and heavy power capabilities. Post acquisition, it will be subject to a 15-year, absolute triple-net lease with Supreme International, ensuring a stable and reliable income stream with a starting rent of $10.79 PSF and escalating 10% every 5 years. The tenant, Supreme International, has over 70 years of operation, reinforcing the site's strategic importance.

Strategically positioned within the heart of central Alberta, the property benefits from exceptional connectivity to major transportation channels, including Highway 2A, Queen Elizabeth II Highway, Canadian Pacific Railway, and proximity to Edmonton International Airport. These links provide critical distribution access across North America, amplifying the property's strategic advantage in serving diverse markets.

With Supreme International's strong tenant covenant backed by significant free cash flow and robust EBITDA margins, the investment ensures potential for stable cash flow and value growth. Wetaskiwin's advantageous connectivity and established industrial base further enhance this opportunity, assuring investors of sustained value proposition in the flourishing industrial real estate sector.