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$ 400,000
$ 405,000 1.2%
3,000 Sqft Lot
$ 400,000
$ 405,000 1.2%
3,000 Sqft Lot
Key Details
Sold Price $400,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Blackfalds - Other
MLS® Listing ID A2190667
Sold Date 06/03/25
Year Built 2014
Annual Tax Amount $8,467
Tax Year 2024
Lot Size 3,000 Sqft
Acres 0.07
Lot Dimensions 30x100
Property Sub-Type Mixed Use
Source Calgary
Property Description
Overview: Seize the chance to invest in a premier light industrial property with unbeatable highway exposure and outstanding investment potential. This top-tier building, directly backing the QEII Highway, offers exceptional signage visibility and a robust current cap rate 11.2% . Established rental incomes and long-term leases, this property promises a steady and reliable return on investment.
Property Highlights:
Strategic Location: Enjoy prime positioning with direct access to the QEII Highway, ensuring high visibility and ease of access for tenants and clients alike.
Generous Parking: Ample parking space is available, catering to both employees and visitors.
High-Quality Construction: Built to last with concrete and steel by renowned Eagle Builders, ensuring durability and minimal maintenance.
Flexible Space: The building boasts over 4,100 sq ft of well-utilized space, divided into a versatile main floor and a functional upper level.
Main Floor: Features a spacious office front with bathroom facilities and a 2,200 sq ft workshop, complete with a 16-foot roll-up door for easy loading and unloading.
Upper Floor: Includes a substantial office area with a boardroom, accessible via a separate exterior entrance. The interior offices are finished to Class A standards, reflecting a high level of quality and professionalism.
Mezzanine: A generous mezzanine above the shop offers additional space with convenient access from both the bay and the office area.
Investment Appeal: This property is designed to meet the needs of a diverse range of tenants, making it a highly attractive investment. Its high-quality construction, strategic location, and well-appointed office spaces make it a sought-after asset in the light industrial market. With long-term leases already in place and a solid cap rate, this investment is poised to offer both immediate and long-term financial benefits.
Why Invest?
Strong Return: Current cap rate of 7.2% ensures a promising return on investment.
Prime Location: Direct highway access and visibility enhance the property's appeal and accessibility.
High-Quality Build: Constructed with concrete and steel for durability and low upkeep.
Attractive Leases: Three rental incomes with long-term leases provide a stable revenue stream.
Don't miss out on this fantastic opportunity to own a premium light industrial property with top-notch features and a strong investment return. Contact us today to learn more and schedule a viewing.
Location
Province AB
County Lacombe County
Zoning I1
Interior
Heating Forced Air, Natural Gas, Radiant
Cooling Central Air
Exterior
Roof Type Membrane
Building
Lot Description Backs on to Park/Green Space, Landscaped, Treed
Foundation Poured Concrete
Structure Type Concrete,Metal Frame
Others
Restrictions None Known
Tax ID 92272346
Ownership Private
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