$ 3,950,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
2024
YEAR BUILT
New Industrial Building | Fully Leased | Netook Crossing – Mountain View County, AB Newly 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. C This is an investment that offers strong ROI and long-term income potential in a strategic location with continued commercial growth.
COMMUNITY | |
PROPERTY TYPE | Industrial |
BUILDING TYPE | Industrial |
STYLE | N/A |
YEAR BUILT | 2024 |
SQUARE FOOTAGE | 0 |
BEDROOMS | 0 |
BATHROOMS | 0 |
BASEMENT | |
AMENITIES | |
APPLIANCES | |
COOLING | |
FIREPLACE | N/A |
FLOORING | |
HEATING | Exhaust Fan, Natural Gas, Radiant |
LAUNDRY | |
LOT FEATURES | Level, Yard Lights |
PARKING | |
RESTRICTIONS | None Known |
ROOF | Metal |
TITLE | Fee Simple |
BROKER | Century 21 Maximum |
ROOMS | DIMENSIONS (m) | LEVEL |
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