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:50955)
| MLS® Number | A2283669 |
| 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/29410642/35-32580-range-road-11-rural-mountain-view-county
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