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.
Address
32580 RANGE ROAD 11
List Price
$3,950,000
Property Type
Commercial
Type of Dwelling
Industrial
Area
Rural Mountain View County
Sub-Area
Other
Lot Size
108900 Sq. Ft.
Year Built
2024
MLS® Number
A2222559
Listing Brokerage
Century 21 Maximum
Postal Code
T4H 1P6
Zoning
I-BP
Site Influences
Level, Yard Lights