About 1, 5220 Duncan Avenue
Exceptional Investment Opportunity: Prime Light Industrial Property on the QEII Highway Overview: 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.
Features of 1, 5220 Duncan Avenue
MLS® # | A2164978 |
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Price | $630,000 |
Bathrooms | 0.00 |
Acres | 0.07 |
Year Built | 2014 |
Type | Commercial |
Sub-Type | Mixed Use |
Status | Active |
Community Information
Address | 1, 5220 Duncan Avenue |
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Subdivision | Blackfalds - Other |
City | Blackfalds |
County | Lacombe County |
Province | Alberta |
Postal Code | T0M 0J0 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Heating | Forced Air, Natural Gas, Radiant |
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Cooling | Central Air |
Fireplace | No |
Has Basement | No |
Exterior
Lot Description | Backs on to Park/Green Space, Landscaped, Treed |
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Roof | Membrane |
Construction | Concrete, Metal Frame |
Foundation | Poured Concrete |
Additional Information
Date Listed | September 11th, 2024 |
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Days on Market | 82 |
Zoning | I1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RE/MAX Real Estate (Central) |
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