1, 5220 Duncan Avenue Blackfalds, Alberta T0M 0J0

$405,000

Exceptional Investment Opportunity: Prime Light Industrial Property on the QEII HighwayOverview: 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 11.2% . 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. (id:57810)

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https://www.realtor.ca/real-estate/27883532/1-5220-duncan-avenue-blackfalds-blackfalds-other