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1st Floor - Unit 1
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Industrial
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2,000 SF
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$270,335 USD
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Unit Size: 2,000 SF
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Condo Use: Industrial
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Price: $270,335 USD
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Sale Type: Investment or Owner User
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Price/SF: $135.17 USD
Description
Each bay features 20' ceilings, 16' overhead doors, radiant overhead heat, forced air HVAC, sump pits, and a fenced storage yard, making it ideal for a variety of industrial uses. Additionally, the building offers 220 amp, three-phase, 600V power, front office areas, private washrooms, and kitchen break rooms.
Sale Notes
The current tenants are well-established businesses, providing strong rental income with an average lease rate of $14.82/sq. ft. (semi-NNN). With I1 industrial zoning, this property is a great fit for investors looking for a turnkey, income-generating asset, as well as business owners seeking to secure their own space while benefiting from additional lease revenue.
Located in a highly accessible area with easy connections to Highway 2A, Highway 11A, and the future Ring Road development, this property sits in the heart of a thriving industrial hub, surrounded by other well-maintained commercial properties. Whether you’re looking to expand your business or strengthen your investment portfolio, this industrial asset presents a versatile and profitable opportunity in a prime Red Deer location.
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1st Floor - Unit 2
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Industrial
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2,000 SF
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$270,335 USD
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Unit Size: 2,000 SF
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Condo Use: Industrial
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Price: $270,335 USD
-
Sale Type: Investment or Owner User
-
Price/SF: $135.17 USD
Description
Each bay features 20' ceilings, 16' overhead doors, radiant overhead heat, forced air HVAC, sump pits, and a fenced storage yard, making it ideal for a variety of industrial uses. Additionally, the building offers 220 amp, three-phase, 600V power, front office areas, private washrooms, and kitchen break rooms.
Sale Notes
The current tenants are well-established businesses, providing strong rental income with an average lease rate of $14.82/sq. ft. (semi-NNN). With I1 industrial zoning, this property is a great fit for investors looking for a turnkey, income-generating asset, as well as business owners seeking to secure their own space while benefiting from additional lease revenue.
Located in a highly accessible area with easy connections to Highway 2A, Highway 11A, and the future Ring Road development, this property sits in the heart of a thriving industrial hub, surrounded by other well-maintained commercial properties. Whether you’re looking to expand your business or strengthen your investment portfolio, this industrial asset presents a versatile and profitable opportunity in a prime Red Deer location.
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Patrick Galesloot
Century 21 Advantage
