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:57594)
| MLS® Number | A2222559 |
| Property Type | Industrial |
| Features | Visual Exposure, Level |
| Plan | 1511332 |
| Road Type | Paved Road |
| Total Buildings | 1 |
| 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 | 16,200 Ft2 |
| Total Finished Area | 16200 Sqft |
| Utility Water | Cistern, Private Utility |
| 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 |
| Electricity | Connected |
| Natural Gas | Connected |
https://www.realtor.ca/real-estate/28376780/32580-range-road-11-rural-mountain-view-county
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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