35, 32580 Range Road 11, Rural Mountain View County, Alberta T4H 1P6

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$2,990,000

Highlights

$2,990,000

Price

16200 sqft

Lot

For sale

Status

A2283669

MLS® ID

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 Current Cap rate of 10.99% 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:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2283669
    • Price $2,990,000
    • Square Footage: 16200 sqft
    • Features Visual Exposure, Level
    • Plan 1511332
    • Road Type Paved Road
    • Total Buildings 1

    Buildings

    Ceiling Height 288 In Constructed Date 2024
    Construction Material Steel Frame Exterior Finish Aluminum Siding
    Foundation Type Slab Heating Fuel Natural Gas
    Heating Type Other, Radiant Heat Size Exterior 16200 Sqft
    Size Interior 16200 Sqft Total Finished Area 16200 Sqft
    Utility Water Cistern, Private Utility

    Land

    Acreage Yes Size Irregular 2.50
    Size Total 2.5 Ac|2 - 4.99 Acres Size Total Text 2.5 Ac|2 - 4.99 Acres
    Zoning Description I-bp

    Utilities

    Electricity Connected Natural Gas Connected

    Agents and Offices

    • Mike Gait
    • Office: Century 21 Maximum

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