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8121 49 Ave Close 2,000 SF Industrial Condo Units Offered at $369,900 CAD 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.
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 | $369,900 CAD | Cap Rate | 7.02% |
| Price Per SF | $184.95 CAD | NOI | $25,966.98 CAD |
| Condo Use | Industrial |
| Unit Size | 2,000 SF |
| Price | $369,900 CAD |
| Price Per SF | $184.95 CAD |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.02% |
| NOI | $25,966.98 CAD |
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 | $369,900 CAD | Cap Rate | 7.02% |
| Price Per SF | $184.95 CAD | NOI | $25,966.98 CAD |
| Condo Use | Industrial |
| Unit Size | 2,000 SF |
| Price | $369,900 CAD |
| Price Per SF | $184.95 CAD |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.02% |
| NOI | $25,966.98 CAD |
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.
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8121 49 Ave Close
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