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1, 5220 Duncan Avenue Blackfalds, Alberta T0M 0J0

4148 sqft
Central Air Conditioning Forced Air, Radiant Heat Landscaped

$630,000

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:51438)

Property Details

MLS® Number A2164978
Property Type Other
Community Name Blackfalds - Other
Features Treed
Plan 1523748

Building

CeilingHeight 216 In
ConstructedDate 2014
ConstructionMaterial Poured Concrete, Steel Frame
CoolingType Central Air Conditioning
ExteriorFinish Concrete
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air, Radiant Heat
SizeExterior 4148 Sqft
SizeInterior 4148 Sqft
TotalFinishedArea 4148 Sqft
Type Commercial Mix

Land

Acreage No
LandscapeFeatures Landscaped
SizeIrregular 3000.00
SizeTotal 3000 Sqft|0-4,050 Sqft
SizeTotalText 3000 Sqft|0-4,050 Sqft
ZoningDescription I1

https://www.realtor.ca/real-estate/27401023/1-5220-duncan-avenue-blackfalds-blackfalds-other

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