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Home AB Blackfalds
1, 5220 Duncan Avenue
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1, 5220 Duncan Avenue $630,000
$630,000
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1, 5220 Duncan Avenue
Blackfalds, Alberta T0M0J0

MLS® Number: A2164978

Listing Description

Exceptional Investment Opportunity: Prime Light Industrial Property on the QEII HighwayOverview: 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 of 7.2%. With three 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. (29566001)

Property Summary

Property Type
Other
Building Type
Commercial Mix
Community Name
Blackfalds - Other
Subdivision Name
Blackfalds - Other
Land Size
3000 sqft|0-4,050 sqft
Built in
2014
Annual Property Taxes
$8,467
Time on REALTOR.ca
102 days

Building

Interior Features
Ceiling Height
216 in
Building Features
Features
Treed
Foundation Type
Poured Concrete
Construction Material
Poured concrete, Steel frame
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas), Radiant heat
Exterior Features
Exterior Finish
Concrete

Measurements

Square Footage
4148 sqft
Total Finished Area
4148 sqft
Exterior Building Size
4148 sqft

Land

Lot Features
Landscape Features
Landscaped
Other Property Information
Zoning Description
I1
Data provided by: Pillar 9™
Gary D. Heald