32580 RANGE ROAD 11 new Save Request In-Person Tour Request Virtual Tour
Rural Mountain View County,AB T4H1P6
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 16,200 sqft
Price per Sqft $243
MLS Listing ID A2222559
Year Built 2024
Lot Size 2.500 Acres
Acres 2.5
Property Sub-Type Freehold
Source Central Alberta REALTORS® Association
Property Description
New Industrial Building | Fully Leased | Netook Crossing – Mountain View County, ABNewly constructed 9-bay industrial building located in the growing commercial area of Netook Crossing, just off the Hwy 2 corridor near the Town of Olds. This high-visibility property offers excellent access to both Calgary and Red Deer, each approximately 35 minutes away.Built with steel and concrete construction, the property is designed for long-term durability and minimal maintenance. The 16,200 sq. ft. building features nine 1,800 sq. ft. bays, each with a 16' x 16' overhead door and access to a fully fenced yard. The bays are currently leased is a 5 bay +1 and 3, grouping, allowing for future tenant flexibility through demising or expansion.All tenancies are secured under Triple Net leases, generating an average base rent of $19.66 per sq. ft. With a Cap rate of 8.06% Located in business-friendly Mountain View County, the site also benefits from extremely low property taxes. CThis is an investment that offers strong ROI and long-term income potential in a strategic location with continued commercial growth. (id:24570)
Location
State AB
Rooms
Kitchen 0.0
Interior
Heating Other,,Radiant heat
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold