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    80042 475 Avenue E

    Rural Foothills County, AB T1V 1M3
    • $4,600,000
    • STATUS: Active
    • ID#: A1025017
    UPDATED: 37 min ago
    $4,600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighbourhood:
    Type:
    Commercial
    Built:
    2008
    Area:

    Description

    Investment opportunity to acquire a manufacturing-focused property with two pre-engineered metal buildings fully occupied by two separate tenants. 27,224sf combined over two buildings on 2.55 acres, representing a site coverage ratio of 22%. Lease income: $326,700 per year. 3-years of term remaining on existing leases plus tenant options to renew. Clean, well-maintained property with heavy power and crane capacity, including overhead bridge cranes. Two floors of office contracted in Building B in 2019 totaling 2,880sf at a cost of $300,000. Building A (11,961sf) built in 2008 and Building B (15,264sf) built in 2010. Total of 9 oversized drive-in loading doors, and 600amp 600volt power in each building. Located 25 minutes south of Calgary on Highway 2A in High River, Alberta. The asking sale price represents a 7.1% cap rate.

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    Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Data last updated: 2020-09-29T16:30:13.747.
    www.greateryycrealestate.ca/homes/109128501
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    80042 475 Avenue E Rural Foothills County, AB T1V 1M3

    • Price: $4,600,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: A1025017
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2008
    Built
    Neighbourhood:
    None
    Area:
    Foothills
    Property Description
    Investment opportunity to acquire a manufacturing-focused property with two pre-engineered metal buildings fully occupied by two separate tenants. 27,224sf combined over two buildings on 2.55 acres, representing a site coverage ratio of 22%. Lease income: $326,700 per year. 3-years of term remaining on existing leases plus tenant options to renew. Clean, well-maintained property with heavy power and crane capacity, including overhead bridge cranes. Two floors of office contracted in Building B in 2019 totaling 2,880sf at a cost of $300,000. Building A (11,961sf) built in 2008 and Building B (15,264sf) built in 2010. Total of 9 oversized drive-in loading doors, and 600amp 600volt power in each building. Located 25 minutes south of Calgary on Highway 2A in High River, Alberta. The asking sale price represents a 7.1% cap rate.
    Exterior Features

    Garage YN No Outbuildings Shop/Office Parking Total 100 Structure Type Industrial

    Interior Features

    Below Grade Finished Area 0.00 Building Area Total SF 27224.00 Ensuite YN No

    Property Features

    Additional Parcels YN No Building Area Total 27224.00 Community Features None Property Sub Type Industrial Restrictions None Known Title Land Fee Simple Township 19 Transaction Type For Sale Zoning Dc-2

    Listing provided courtesy of Virtu Real Estate. © 2020 CREB®. All Rights Reserved.
    Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Data last updated: 2020-09-29T16:30:13.747.
     
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    Team J Realtors | Greater Calgary Real Estate
    Box 206, 234 5149 Country Hills Blvd. NW
    Calgary AB, T3A 5K8