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5220 Duncan Ave - Unit # 1 5220 Duncan Ave
4,148 SF Flex Condo Unit Offered at $448,501 USD in Blackfalds, AB T0M 0J0
Investment Highlights
- Amazing frontage front row QEII highway .
- Light industrial with A level offices
- Access to highway with 24/7 access
Executive Summary
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.
Property Facts
| Price | $448,501 USD | Building Class | A |
| Unit Size | 4,148 SF | Floors | 2 |
| No. Units | 1 | Typical Floor Size | 5,843 SF |
| Total Building Size | 11,686 SF | Year Built | 2015 |
| Property Type | Flex (Condo) | Lot Size | 0.89 AC |
| Property Subtype | Light Distribution | Parking Ratio | 3.42/1,000 SF |
| Sale Type | Investment |
| Price | $448,501 USD |
| Unit Size | 4,148 SF |
| No. Units | 1 |
| Total Building Size | 11,686 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Light Distribution |
| Sale Type | Investment |
| Building Class | A |
| Floors | 2 |
| Typical Floor Size | 5,843 SF |
| Year Built | 2015 |
| Lot Size | 0.89 AC |
| Parking Ratio | 3.42/1,000 SF |
1 Unit Available
Unit 1
| Unit Size | 4,148 SF | Sale Type | Investment |
| Price | $448,501 USD | Cap Rate | 6.61% |
| Price Per SF | $108.12 USD | NOI | $29,639.49 USD |
| Condo Use | Flex |
| Unit Size | 4,148 SF |
| Price | $448,501 USD |
| Price Per SF | $108.12 USD |
| Condo Use | Flex |
| Sale Type | Investment |
| Cap Rate | 6.61% |
| NOI | $29,639.49 USD |
Description
Exceptional Investment Opportunity:
Premier Light Industrial Property with Unmatched Highway Exposure
Overview: Unlock the potential of this premier light industrial property strategically located with unparalleled visibility and access on the QEII Highway. This meticulously constructed building offers a robust cap rate of 7.2%, making it an outstanding investment opportunity. With three established rental incomes and long-term leases in place, this property promises reliable and steady returns.
Property Highlights:
Prime Location: Directly adjacent to the QEII Highway, this property guarantees exceptional visibility and easy access, making it highly attractive to tenants and clients.
Generous Parking: Ample parking facilities accommodate employees and visitors, enhancing the property’s usability and convenience.
High-Quality Construction: Built by the esteemed Eagle Builders, this facility features a durable concrete and steel structure designed for longevity and minimal maintenance.
Versatile Space: Spanning over 4,100 sq ft, the building offers a functional layout with a well-appointed main floor and an upper level, catering to a variety of business needs.
Main Floor: Includes a spacious office area with modern bathroom facilities and a 2,200 sq ft workshop featuring a 16-foot roll-up door for efficient loading and unloading.
Upper Floor: Comprises a substantial office area with a boardroom, accessible via a separate exterior entrance, finished to Class A standards for a high-end professional environment.
Mezzanine: A sizable mezzanine above the workshop provides additional flexible space, accessible from both the workshop and office areas.
Investment Appeal:
Strong Return: With a current cap rate of 7.2%, this property offers a compelling return on investment.
Strategic Location: The property’s direct highway access and visibility significantly enhance its appeal and accessibility, ensuring high tenant demand.
Durable Construction: Constructed with top-quality concrete and steel, the property promises longevity and minimal upkeep.
Stable Revenue: Three established rental incomes and long-term leases provide a stable and predictable revenue stream.
Why Invest?
Exceptional Return: Benefit from a robust 7.2% cap rate with strong financial returns.
High-Visibility Location: Prime highway exposure ensures maximum visibility and tenant attraction.
Top-Quality Build: Superior construction by Eagle Builders guarantees durability and low maintenance costs.
Reliable Income: Enjoy a stable cash flow with long-term leases from established tenants.
Don’t miss this unparalleled opportunity to acquire a top-tier light industrial property with exceptional features and a solid investment return. Contact us today to learn more and arrange a viewing.
Sale Notes
Main Level Bay/ office front - 2810 sq’
Upper Level Office / board - 928sq’
Mezz level - 410 sq’
Upper Level Office (w) access
Shop Bay inside (w) mezz
Amenities
- Conferencing Facility
- Signage
zoning
| Zoning Code | I1 (Light Industrial) |
| I1 (Light Industrial) |
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Gary Heald -
RE/MAX Real Estate (Central)
Presented by
5220 Duncan Ave - Unit # 1 5220 Duncan Ave
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