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GLM Building 1 1504 8th St 23,971 SF 52% Leased Flex Building Leduc County, AB T9E 7S6 $3,667,534 USD ($153.00 USD/SF)
Investment Highlights
- Prime location with convenient access to major transportation routes like Airport Road and the QE2 highway
Executive Summary
1502 8th Street Nisku presents a rare opportunity to
own your real estate and become a landlord today, while
harnessing the future opportunity to expand and grow into
the balance of the building. Occupy the south 11,624 sq.
ft. today and grow into the 12,347 sq. ft. north portion at a
later date, or continue to lease out the space.
The property offers a prime location with convenient
access to major transportation routes like Airport Road
and the QE2 highway, making it easy to connect to both
Edmonton and Calgary.
Situated in Leduc County, it also benefits from attractive
property tax incentives. The corner lot offers ample
outside storage capacity with a 12% site coverage ratio,
aligned with market standards. Furthermore, the building
is move-in ready for a manufacturing company, complete
with bridge cranes for immediate operational efficiency
own your real estate and become a landlord today, while
harnessing the future opportunity to expand and grow into
the balance of the building. Occupy the south 11,624 sq.
ft. today and grow into the 12,347 sq. ft. north portion at a
later date, or continue to lease out the space.
The property offers a prime location with convenient
access to major transportation routes like Airport Road
and the QE2 highway, making it easy to connect to both
Edmonton and Calgary.
Situated in Leduc County, it also benefits from attractive
property tax incentives. The corner lot offers ample
outside storage capacity with a 12% site coverage ratio,
aligned with market standards. Furthermore, the building
is move-in ready for a manufacturing company, complete
with bridge cranes for immediate operational efficiency
Property Facts
| Price | $3,667,534 USD | Lot Size | 4.20 AC |
| Price Per SF | $153.00 USD | Rentable Building Area | 23,971 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | Lease Option | Year Built/Renovated | 1980/2008 |
| Property Type | Flex | Parking Ratio | 1.2/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 22’5” |
| Building Class | B | ||
| Zoning | IND - Industrial | ||
| Price | $3,667,534 USD |
| Price Per SF | $153.00 USD |
| Sale Type | Investment or Owner User |
| Sale Condition | Lease Option |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 4.20 AC |
| Rentable Building Area | 23,971 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2008 |
| Parking Ratio | 1.2/1,000 SF |
| Clear Ceiling Height | 22’5” |
| Zoning | IND - Industrial |
Amenities
- Fenced Lot
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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GLM Building 1 | 1504 8th St
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