$630,000 FOR SALE

Commercial/Retail

5220 Duncan Avenue #1
Blackfalds, AB T0M 0J0

Exceptional Investment Opportunity: Prime Light Industrial Property on the QEII HighwayOverview: 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. (id:47423)

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Listed By RE/MAX Real Estate (Central)
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2164978
Last Updated Sep 11, 2024
Property Summary
Property Type Commercial/Retail

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Community Blackfalds - Other
Price History
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Detailed Information
Features Treed
Listing Contract Date 2024-09-11
Municipal ID 0036800308
Plan 1523748
Property Type Other
Transaction Type For sale
Zoning Description I1
Building
Ceiling Height 216 inches
Constructed Date 2014
Construction Material Poured concrete, Steel frame
Cooling Type Central air conditioning
Exterior Finish Concrete
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air, Radiant heat
Size (Exterior) 4148 square feet
Total Finished Area 4148 sqft
Type Commercial Mix
Land
Total Size 3000 square feet
Landscape Features Landscaped
Size of Irregular Land 3000.00

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