Matt Odger
Matthew Odger Personal Real Estate Corporation
Office: (204) 943-1600 Mobile: (204) 795-6119Matt.Odger@colliers.com
Colliers International
Ste 600, 330 St. Mary Avenue, Winnipeg, MB, R3C 3Z5
1117 Fife Street is a 13,429 SF, eight unit retail/industrial flex property bordering the Inkster Industrial Park and the retail node along McPhillips Street.
There was extensive renovations completed in 2024 that include: concrete flooring replacement, windows, man doors and overhead doors, HVAC units, water heaters, roof replacement, siding, parking lot asphalt, landscaping, and electrical upgrades.
The bays are between 409 and 1,980 SF, with an average unit size of 1,690 SF. The average rent is $20.00 PSF and the additional rent is $4.00 PSF. A pylon sign was recently installed and will be additional monthly revenue.
The leases are net, excluding roof and parking lot repairs and replacements, and HVAC unit replacement (the HVAC units are new from recent renovations).
The existing seven tenanted units include restaurants (2), office, dental, auto repair (3), and one unit of 1,560 SF under construction. There is one unit under construction that is expected to be ready for tenant delivery in late su