AB > Rural Lacombe County
Rural Lacombe County, AB T0M 0J0,39325 Range Road Ext 273 #A
Rural Lacombe County, AB T0M 0J0,39325 Range Road Ext 273 #A
Rural Lacombe County, AB T0M 0J0,39325 Range Road Ext 273 #A
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Andy Twerefour

Andy Twerefour

+1(403) 702-0041
$2,950,000
Est. payment /mo
20,510 SqFt
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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 20,510 sqft

Price per Sqft $143

MLS Listing ID A2274093

Year Built 1998

Lot Size 2.470 Acres

Acres 2.47

Property Sub-Type Industrial

Property Description

Fully leased 20,510 sq. ft. multi-tenant industrial investment property on 4.94 acres across two titled parcels in Blackfalds. This asset offers stable NNN income with a cap rate of 7.4%. The property includes two functional industrial buildings, featuring large overhead doors, radiant heat, upgraded lighting, office areas, mezzanines, and flexible shop layouts. The site provides a fully fenced, compacted gravel yard with strong circulation for heavy equipment and an additional 2.47-acre surplus yard (Lot 4). The property is 100% tenanted under true NNN lease structures, supported by annual rent escalations and a weighted average remaining lease term of ~3.8 years, offering predictable, low-maintenance cash flow. Current tenant mix represents established regional industries, creating a diversified and reliable income profile. Located just off Highway 597 with quick access to QEII, this is an attractive long-term industrial investment in Central Alberta's growing industrial corridor.

Location

Province AB

Zoning 5

Interior

Heating Forced Air, Natural Gas, Radiant

Fireplace No

Exterior

Roof Type Metal

Garage No

Building

Dwelling Type Industrial

Foundation Slab

Others

Restrictions None Known

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Listed by eXp Realty

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Andy Twerefour

Andy Twerefour

+1(403) 702-0041

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