Your email has been sent.
8121 49 Ave Close 2,000 SF Industrial Condo Units Offered at $270,239 Per Unit in Red Deer, AB T4P 2V5
Investment Highlights
- Flexible Ownership Opportunity – Purchase as a fully leased investment or occupy part of the space while generating rental income.
- Prime Location with Strong Accessibility – Situated in Northlands Industrial Park, with easy access to Highway 2A and Highway 11A
- High-Quality Industrial Features – 23’ ceilings, 16’ overhead doors, fenced storage yards, sump pits, and 220 amp, three-phase, 600V power.
Executive Summary
Strategically located with excellent connectivity to Highway 2A, Highway 11A, and the future Ring Road development, the property benefits from strong regional accessibility and proximity to major transportation corridors. Surrounded by other well-maintained commercial properties, this location is a hub for industrial activity in Red Deer.
Property Facts
| Total Building Size | 6,000 SF | Typical Floor Size | 6,000 SF |
| Property Type | Industrial | Year Built | 2006 |
| Property Subtype | Service | Lot Size | 0.47 AC |
| Building Class | C | Parking Ratio | 2.17/1,000 SF |
| Floors | 1 | ||
| Zoning | I-1 - Industrial Business Service Zone: I-1 This Zone supports a limited range of light Industrial, warehousing, storage,and Industrial support services | ||
| Total Building Size | 6,000 SF |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 6,000 SF |
| Year Built | 2006 |
| Lot Size | 0.47 AC |
| Parking Ratio | 2.17/1,000 SF |
| Zoning | I-1 - Industrial Business Service Zone: I-1 This Zone supports a limited range of light Industrial, warehousing, storage,and Industrial support services |
2 Units Available
Unit 1
| Unit Size | 2,000 SF | Sale Type | Investment or Owner User |
| Price | $270,239 USD | Cap Rate | 7.02% |
| Price Per SF | $135.12 USD | NOI | $18,970.75 USD |
| Condo Use | Industrial |
| Unit Size | 2,000 SF |
| Price | $270,239 USD |
| Price Per SF | $135.12 USD |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.02% |
| NOI | $18,970.75 USD |
Description
Each bay features 20' ceilings, 16' overhead doors, radiant overhead heat, forced air HVAC, sump pits, and a fenced storage yard, making it ideal for a variety of industrial uses. Additionally, the building offers 220 amp, three-phase, 600V power, front office areas, private washrooms, and kitchen break rooms.
Sale Notes
The current tenants are well-established businesses, providing strong rental income with an average lease rate of $14.82/sq. ft. (semi-NNN). With I1 industrial zoning, this property is a great fit for investors looking for a turnkey, income-generating asset, as well as business owners seeking to secure their own space while benefiting from additional lease revenue.
Located in a highly accessible area with easy connections to Highway 2A, Highway 11A, and the future Ring Road development, this property sits in the heart of a thriving industrial hub, surrounded by other well-maintained commercial properties. Whether you’re looking to expand your business or strengthen your investment portfolio, this industrial asset presents a versatile and profitable opportunity in a prime Red Deer location.
Unit 2
| Unit Size | 2,000 SF | Sale Type | Investment or Owner User |
| Price | $270,239 USD | Cap Rate | 7.02% |
| Price Per SF | $135.12 USD | NOI | $18,970.75 USD |
| Condo Use | Industrial |
| Unit Size | 2,000 SF |
| Price | $270,239 USD |
| Price Per SF | $135.12 USD |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.02% |
| NOI | $18,970.75 USD |
Description
Each bay features 20' ceilings, 16' overhead doors, radiant overhead heat, forced air HVAC, sump pits, and a fenced storage yard, making it ideal for a variety of industrial uses. Additionally, the building offers 220 amp, three-phase, 600V power, front office areas, private washrooms, and kitchen break rooms.
Sale Notes
The current tenants are well-established businesses, providing strong rental income with an average lease rate of $14.82/sq. ft. (semi-NNN). With I1 industrial zoning, this property is a great fit for investors looking for a turnkey, income-generating asset, as well as business owners seeking to secure their own space while benefiting from additional lease revenue.
Located in a highly accessible area with easy connections to Highway 2A, Highway 11A, and the future Ring Road development, this property sits in the heart of a thriving industrial hub, surrounded by other well-maintained commercial properties. Whether you’re looking to expand your business or strengthen your investment portfolio, this industrial asset presents a versatile and profitable opportunity in a prime Red Deer location.
Presented by
8121 49 Ave Close
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.