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Home AB Sylvan Lake Division No. 8
5 Sylvaire Close
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5 Sylvaire Close $2,200,000
$2,200,000
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5 Sylvaire Close
Sylvan Lake, Alberta T4S1P4

MLS® Number: A2264385

Listing Description

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. (31331947)

Property Summary

Property Type
Industrial
Community Name
Cuendet Industrial Park
Subdivision Name
Cuendet Industrial Park
Land Size
2.64 ac|2 - 4.99 acres
Built in
2003
Annual Property Taxes
$28,778
Time on REALTOR.ca
41 days

Measurements

Square Footage
14212 sqft
Total Finished Area
14212 sqft
Exterior Building Size
14212 sqft

Land

Other Property Information
Zoning Description
I1
Data provided by: Pillar 9™
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Kevin Lapp