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5220 Duncan Ave
Blackfalds, AB T0M 0J0

$444,454 USD

Light Distribution Condo For Sale  •  4,148 SF

Property Details

  • Property Type Light Distribution
  • Total Building Size 11,686 SF
  • Lot Size 0.89 AC
  • Building Class A
  • Year Built 2015
  • Tenancy Multiple
  • Zoning I1
0 Transit Score
1 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Flex 4,148 SF $444,454 USD
  • Unit Size: 4,148 SF
  • Condo Use: Flex
  • Price: $444,454 USD
  • Sale Type: Investment
  • Price/SF: $107.15 USD
Description
Exceptional Investment Opportunity: 
Premier Light Industrial Property with Unmatched Highway Exposure

Overview: Unlock the potential of this premier light industrial property strategically located with unparalleled visibility and access on the QEII Highway. This meticulously constructed building offers a robust cap rate of 7.2%, making it an outstanding investment opportunity. With three established rental incomes and long-term leases in place, this property promises reliable and steady returns.

Property Highlights:

Prime Location: Directly adjacent to the QEII Highway, this property guarantees exceptional visibility and easy access, making it highly attractive to tenants and clients.
Generous Parking: Ample parking facilities accommodate employees and visitors, enhancing the property’s usability and convenience.

High-Quality Construction: Built by the esteemed Eagle Builders, this facility features a durable concrete and steel structure designed for longevity and minimal maintenance.
Versatile Space: Spanning over 4,100 sq ft, the building offers a functional layout with a well-appointed main floor and an upper level, catering to a variety of business needs.

Main Floor: Includes a spacious office area with modern bathroom facilities and a 2,200 sq ft workshop featuring a 16-foot roll-up door for efficient loading and unloading.

Upper Floor: Comprises a substantial office area with a boardroom, accessible via a separate exterior entrance, finished to Class A standards for a high-end professional environment.

Mezzanine: A sizable mezzanine above the workshop provides additional flexible space, accessible from both the workshop and office areas.
Investment Appeal:

Strong Return: With a current cap rate of 7.2%, this property offers a compelling return on investment.

Strategic Location: The property’s direct highway access and visibility significantly enhance its appeal and accessibility, ensuring high tenant demand.

Durable Construction: Constructed with top-quality concrete and steel, the property promises longevity and minimal upkeep.
Stable Revenue: Three established rental incomes and long-term leases provide a stable and predictable revenue stream.

Why Invest?

Exceptional Return: Benefit from a robust 7.2% cap rate with strong financial returns.
High-Visibility Location: Prime highway exposure ensures maximum visibility and tenant attraction.

Top-Quality Build: Superior construction by Eagle Builders guarantees durability and low maintenance costs.
Reliable Income: Enjoy a stable cash flow with long-term leases from established tenants.

Don’t miss this unparalleled opportunity to acquire a top-tier light industrial property with exceptional features and a solid investment return. Contact us today to learn more and arrange a viewing.

Sale Notes
Main Level Bay/ office front  - 2810 sq’
Upper Level Office / board     - 928sq’
Mezz level - 410 sq’

Description

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.

Highlights

Amazing frontage front row QEII highway .
Access to highway with 24/7 access
Light industrial with A level offices

Amenities

  • Conferencing Facility
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Gary Heald 403-891-3474 RE/MAX Real Estate (Central)
Gary Heald 403-891-3474 RE/MAX Real Estate (Central)