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7896 49 Ave 42,845 SF 71% Leased Industrial Building Red Deer, AB T4P 2K2 $3,063,596 USD ($71.50 USD/SF) 5.10% Cap Rate
Investment Highlights
- Located in Northlands Industrial Park with proximity to major industrial corridors.
- Updated LED lighting throughout the facility for energy efficiency.
- Three-phase power supply for modern industrial operations.
- Fenced and graded storage yard offering secure outdoor storage options.
- Equipped with multiple drive-in bays including one oversized loading door.
- Ample on-site parking supporting employees and visitors.
Executive Summary
Property Facts
| Price | $3,063,596 USD | Lot Size | 3.46 AC |
| Price Per SF | $71.50 USD | Rentable Building Area | 42,845 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.10% | Year Built | 1980 |
| Property Type | Industrial | No. Dock-High Doors/Loading | 2 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 15 |
| Building Class | B | ||
| Zoning | I1 - Industrial Business District | ||
| Price | $3,063,596 USD |
| Price Per SF | $71.50 USD |
| Sale Type | Investment |
| Cap Rate | 5.10% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.46 AC |
| Rentable Building Area | 42,845 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 15 |
| Zoning | I1 - Industrial Business District |
Amenities
- Floor Drains
- Mezzanine
- Security System
- Yard
- Air Conditioning
Utilities
- Lighting - LED
- Gas
- Water
- Sewer
- Heating
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Fastenal
- -
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99,999 SF
- -
- -
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- Transportation and Warehousing
-
99,999 SF
- -
- -
Founded in 1986, Intelcom introduced Dragonfly as the brand used for its growth in Canada and international markets. The company operates as a last-kilometre logistics and parcel delivery business, using technology to generate optimized routes for independent delivery partners and to support a fast, reliable, and predictable last-mile experience. Intelcom also describes Dragonfly as part of a broader delivery network that includes home delivery, returns, and first-mile logistics for business customers. Public company materials and Wikipedia describe the business as a Canadian courier and package delivery company with a significant parcel network and an expanding international footprint.
- KBL Environmental
- -
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99,999 SF
- -
- -
- RT Heating & Air Conditioning
- -
-
99,999 SF
- -
- -
- Tetra Tech
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Fastenal | - | 99,999 SF | - | - | ||
|
|
Transportation and Warehousing | 99,999 SF | - | - | ||
| KBL Environmental | - | 99,999 SF | - | - | ||
| RT Heating & Air Conditioning | - | 99,999 SF | - | - | ||
| Tetra Tech | - | 99,999 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
7,500 square foot industrial space available January 1st of 2026.
Colliers is pleased to present Unit 7 of 7896 49 Ave, a newly renovated industrial bay located ideally in the Northlands Industrial Park. This unit is comprised of ± 4,913 SF, which ±1,250 SF is office space, ±3,663 is warehouse space and an additional ±1,250 bonus mezzanine area. Included with the unit is a dedicated portion of the shared fenced and graded storage yard. This unit also comes equipped with a drive in 12' x 16' loading bay, showroom and a compressor room.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 10 | 7,500 SF | Industrial | Full Build-Out | Now |
| 1st Fl - 7 | 4,913 SF | Industrial | Full Build-Out | Now |
1st Fl - 10
| Size |
| 7,500 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - 7
| Size |
| 4,913 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - 10
| Size | 7,500 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
7,500 square foot industrial space available January 1st of 2026.
1st Fl - 7
| Size | 4,913 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
Colliers is pleased to present Unit 7 of 7896 49 Ave, a newly renovated industrial bay located ideally in the Northlands Industrial Park. This unit is comprised of ± 4,913 SF, which ±1,250 SF is office space, ±3,663 is warehouse space and an additional ±1,250 bonus mezzanine area. Included with the unit is a dedicated portion of the shared fenced and graded storage yard. This unit also comes equipped with a drive in 12' x 16' loading bay, showroom and a compressor room.
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7896 49 Ave
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