Kevin Lapp

(403) 887-1237

eXp Realty

403-887-1237

5 Sylvaire Close
Sylvan Lake , Alberta T4S 1P4

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Invest in Rocky View County - Main Page Commercial

5 Sylvaire Close For Sale

$2,200,000

Sylvan Lake, Alberta

Transaction Type

For Sale

Zoning

Year Built

2003

Property Type

Commercial

Building Area (Sq. Ft.)

14212.00

Lot Size (Sq. Ft.)

114998

Listing ID: 32738

MLS ID: A2264385

Summary
Details

Fully leased industrial investment property located in Sylvan Lake’s Beju Industrial Park. The 14,400 sq. ft. building sits on 1.50 acres and features a two-level office buildout totaling 8,800 sq. ft., and a 5,600 sq. ft. shop with three drive-in bays including one wash bay. Both tenants occupy under long-term triple net leases with structured rental escalations in place. Renewals are signed with no rollover until 2030. Stabilized NOI in 2026 is $160,748, representing a 7.31% going-in CAP at list price. Site is fully fenced with radiant heat, HVAC, sunshine-panel overhead doors, sump systems, and yard access. Environmental remediation completed (Phase I & II available). Excellent turnkey investment with strong tenant profiles and long-term lease security.

Transaction Type
For Sale

Zoning
I1

Subdivision
Cuendet Industrial Park

Year Built
2003

Structure Type
Industrial

Property Type
Commercial

Property Sub Type
Industrial

Legal Plan
2222414

Building Area (Sq. Ft.)
14212.00

Building Area (Sq. M.)
1320.33

Lot Size (Sq. Ft.)
114998

Lot Size (Acres)
2.64