Gary Heald
(403) 891-3474

RE/MAX First
403-278-2900

1, 5220 Duncan Avenue
  Blackfalds , Alberta   T0M 0J0
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1, 5220 Duncan Avenue For Sale

$405,000
QEII frontage with parking in front
QEII frontage with parking in front
16’ bay door / 18’ ceilings
View from the highway
Shop bay
Upper office /meeting room
Blackfalds, Alberta

Transaction Type
For Sale
Days On Market
83
Zoning
I1
Year Built
2014
Property Type
Commercial
Building Area (Sq. Ft.)
4148.00
Lot Size (Sq. Ft.)
3000

Listing ID: 29218
MLS ID: A2190667
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 11.2% . 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.
Transaction Type
For Sale
Title
Fee Simple
Days On Market
83
Zoning
I1
Subdivision
Blackfalds - Other
Building Type
Condo Complex
Year Built
2014
Structure Type
Industrial
Property Type
Commercial
Property Sub Type
Mixed Use
Legal Plan
1523748
Building Area (Sq. Ft.)
4148.00
Building Area (Sq. M.)
385.36
Lot Size (Sq. Ft.)
3000
Lot Size (Acres)
0.07
Construction Type
Concrete,Metal Frame
Roof
Membrane
Foundation
Poured Concrete
Cooling
Central Air
Heating
Forced Air,Natural Gas,Radiant
Lot Features
Backs on to Park/Green Space,Landscaped,Treed
Commercial Amenities
Boardroom,Mezzanine,Parking-Extra,Paved Yard,Storefront
Inclusions
N/A
Restrictions
None Known
Reports
Aerial Photos,Audited Financial Statements,Condo/Strata Bylaws,Financial Statements,Leases,Pro-Forma,Rent Roll

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