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Investment Highlights

  • This prime income-generating investment is located on approximately 1.07 acres, just minutes from the main highway

Executive Summary

100% LEASED**CASH COW WITH NUMEROUS RENOVATIONS ** This prime income-generating investment is located on approximately 1.07 acres, just minutes from the main highway. Previously a car wash equipped with 12’ and 16’ overhead doors, the property has been converted into a mechanic shop for cars and trucks, a car dealership, and outdoor storage. Current tenants are a Heavy duty Mechanic pay.... Automotive Mechanic Shop.... Two trailers rented out to (Two car dealerships)... Land size, property taxes, and building dimensions to be confirmed for accuracy.

Property Facts

Price $2,888,888 CAD
Price Per SF $272.05 CAD
Sale Type Investment
Property Type Industrial
Property Subtype Service
Building Class B
Lot Size 1.07 AC
Rentable Building Area 10,619 SF
No. Stories 1
Year Built/Renovated 1970/2001
Parking Ratio 1.55/1,000 SF
No. Drive In / Grade-Level Doors 2
Zoning IB-2 - (Industrial Employment District)

Amenities

  • Fenced Lot
  • Security System
  • Signage
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • GT Motor Sports
  • Retailer
  • -
  • -
  • -
  • Trigger Towing & Recovery
  • Transportation and Warehousing
  • -
  • -
  • -
  • Real Estate
  • -
  • -
  • -

U-Haul is an American moving truck, trailer, and self-storage rental company, based in Phoenix, Arizona, that has been in operation since 1945. The company was founded by Leonard Shoen and Anna Mary Carty Shoen in Ridgefield, Washington, who began it in the garage owned by his wife's family, and expanded it through franchising with gas stations. In addition to moving truck and trailer rentals and self-storage units, many U-Haul centers and dealerships also provide moving boxes, packing supplies, LPG (propane) refill, trailer hitch and wiring installation, storage container rentals, and other services.

  • Xpress Approvals
  • Finance and Insurance
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
GT Motor Sports Retailer - - -
Trigger Towing & Recovery Transportation and Warehousing - - -
Real Estate - - -
Xpress Approvals Finance and Insurance - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
  • Listing ID: 36092746

  • Date on Market: 2025-06-03

  • Last Updated:

  • Address: 59 East Lake Cres NE, Airdrie, AB T4A 2H5

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