ADAM ANDREWS
(403) 580-9078
AVISON YOUNG
403-330-3338
1721 10 Avenue SW
Medicine Hat , Alberta T1A 7S1
Medicine Hat , Alberta T1A 7S1
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1721 10 Avenue SW For Sale
$2,490,000
Prime Industrial Investment Opportunity located in the choice Southwest Industrial Park, adjacent to the Medicine Hat Regional Airport. This well-positioned property features strong frontage along 10th Avenue SW—the park’s main access corridor—with excellent connectivity to Highway 3 and the Trans-Canada Highway (Hwy 1). The site is leased to Wolseley Plumbing, a long-standing national tenant operating here since 2003. The current lease runs through September 2027, with built-in escalations in the remaining two years, offering strong lease appeal and stable cash flow. With an effective 7.75% cap rate, high ceilings, and clear span warehouse space, the building layout is well-suited to a wide range of industrial users, ensuring flexibility and long-term re-lease potential.
Transaction Type
For Sale
For Sale
Title
Fee Simple
Fee Simple
Zoning
Business Industrial Distr
Business Industrial Distr
Subdivision
South West Industrial
South West Industrial
Building Type
Free-Standing
Free-Standing
Year Built
1975
1975
Structure Type
Industrial
Industrial
Property Type
Commercial
Commercial
Property Sub Type
Industrial
Industrial
Legal Plan
3420AH
3420AH
Building Area (Sq. Ft.)
15360.00
15360.00
Building Area (Sq. M.)
1426.98
1426.98
Lot Size (Sq. Ft.)
30927
30927
Lot Size (Acres)
0.71
0.71
Access to Property
Accessible to Major Traffic Route,Paved Road
Accessible to Major Traffic Route,Paved Road
Inclusions
None
None
Restrictions
See Remarks
See Remarks
Reports
Building Plans,Environmental Phase 1,Formal Lease,Rent Roll,RPR,Title
Building Plans,Environmental Phase 1,Formal Lease,Rent Roll,RPR,Title