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6102 48 Av 448,000 SF 100% Leased Industrial Building Olds, AB T4H 1V1 $21,315,536 USD ($47.58 USD/SF)
Investment Highlights
- 140 Individually Secure, Fully Connected, Environmentally Controlled Spaces
- 680 CCTV Cameras with Access Controlled Gates and Tamper Monitored Fenceline
- 2 Administrative Office Buildings Complete with Warehouse and Multiple Loading Docks
Executive Summary
100% freehold interest in a large-scale former cannabis production facility for sale. The offering is newly constructed with state-of-the-art air handling, ventilation, makeup air, lighting, and security systems. The offering is priced well below replacement cost. The greatest opportunity for repositioning is created through the available 26-MEGAWATT power capacity created through Fortis infrastructure. The power contracts have recently been discharged, providing a buyer the opportunity to renegotiate power contracts based on their specific requirements, to specific parts of the site
Property Facts Under Contract
| Price | $21,315,536 USD | Building Class | B |
| Price Per SF | $47.58 USD | Lot Size | 40.71 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 448,000 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Manufacturing | Year Built/Renovated | 2017/2020 |
| Zoning | DC-7 - Direct Control | ||
| Price | $21,315,536 USD |
| Price Per SF | $47.58 USD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 40.71 AC |
| Rentable Building Area | 448,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2017/2020 |
| Zoning | DC-7 - Direct Control |
Amenities
- Cooler
- Security System
- Air Conditioning
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
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6102 48 Av
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