1, 5220 Duncan Avenue, Blackfalds, Alberta

$630,000

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0.07

Acres

About 1, 5220 Duncan Avenue

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.

Features of 1, 5220 Duncan Avenue

MLS® # A2164978
Price $630,000
Bathrooms 0.00
Acres 0.07
Year Built 2014
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 1, 5220 Duncan Avenue
Subdivision Blackfalds - Other
City Blackfalds
County Lacombe County
Province Alberta
Postal Code T0M 0J0

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas, Radiant
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Lot Description Backs on to Park/Green Space, Landscaped, Treed
Roof Membrane
Construction Concrete, Metal Frame
Foundation Poured Concrete

Additional Information

Date Listed September 11th, 2024
Days on Market 105
Zoning I1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Real Estate (Central)

Listing Map