Blackfalds, AB T0M0J0 1, 5220 Duncan Avenue

1, 5220 Duncan Avenue Blackfalds, AB - Image 11, 5220 Duncan Avenue Blackfalds, AB - Image 21, 5220 Duncan Avenue Blackfalds, AB - Image 3
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Presented By: RE/MAX Real Estate (Central)
  • MLS# A2164978
  • 09/11/2024
  • Request Tour
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  • SQFT • 4,148

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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. (id:7434)
Presented By: RE/MAX Real Estate (Central)

Interior Features for 1, 5220 Duncan Avenue

Other Interior Features

Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air, Radiant heat
Construction MaterialPoured concrete, Steel frame

General for 1, 5220 Duncan Avenue

Building Cooling TypeCentral air conditioning
Building TypeCommercial Mix
CommunityNameBlackfalds - Other
FeaturesTreed
Foundation TypePoured Concrete
Property TypeOther
Zoning DescriptionI1

Exterior for 1, 5220 Duncan Avenue

Exterior FinishConcrete
Landscape FeaturesLandscaped

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $630,000
MLS#A2164978
List Date 09/11/2024
Property Type Commercial
Phone 403.608.2191
Request Tour
Request Info
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