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1, 5220 Duncan Avenue
Blackfalds
Update on 2023-07-04 10:05:04 AM
$630,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
2014
YEAR BUILT
MLS® Number
A2164978
PROPERTY TYPE
Commercial
LISTING DATE
2024-09-11
Exceptional Investment Opportunity: Prime Light Industrial Property on the QEII Highway 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 of 7.2%. With three 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.
(403) 271-0600
| COMMUNITY | Blackfalds - Other |
| TYPE | Commercial |
| STYLE | |
| YEAR BUILT | 2014 |
| SQUARE FOOTAGE |
| BEDROOMS | |
| BATHROOMS | |
| BASEMENT | |
| FEATURES |
| GARAGE | 0 |
| PARKING | |
| ROOF | Membrane |
| LOT SQFT | 279 |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Master Bedroom | ||
| Second Bedroom | ||
| Third Bedroom | ||
| Dining Room | ||
| Family Room | ||
| Kitchen | ||
| Living Room |
INTERIOR
Central Air, Forced Air, Natural Gas, Radiant,
EXTERIOR
Backs on to Park/Green Space, Landscaped, Treed
Broker
RE/MAX Real Estate (Central)
Agent