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Abbotsford multi-tenant industrial property sold for $289K per unit

Avison Young handled this off-market transaction that sold for a total of $8,674,000
industrial
 
A multi-tenant industrial property in Abbotsford has sold for over $8.6 million, Avison Young tells Western Investor
 
The industrial property has 30 units, sold for approximately $289,133 per unit. The 50,885-square-foot building is situated on a 3-arce lot. Avison Young represented the vendor and the purchaser in this off-market transaction.
 
The property is located at 34346 - 34386 Manufacturers Way, Abbotsford. 
 

Breakdown: 

 
Price: $8,674,000
No. of Units: 30
Price/Unit: $289,133 
Lot Size: 3 acres 
Property Type: Industrial 
Zoning: I-2 
City: Abbotsford    
Province: B.C. 
Name of Brokerage: Avison Young Commercial Real Estate