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Investment Highlights

  • 4.75 acres
  • Long-term Lease
  • National Tenant
  • Calgary Industrial Foothills

Executive Summary

Prime Investment Opportunity in the heart of the Calgary Industrial Foothills area.
National Tenant, Seaboard Transport, lease until Jan 31 2030.
Owner will entertain a Vendor Take-Back Mortgage.

Property Facts

Price $5,890,000 CAD
Price Per SF $237.50 CAD
Sale Type Investment NNN
Cap Rate 5.77%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Truck Terminal
  • Industrial Service
  • FlexLight Distribution
Building Class B
Lot Size 4.75 AC
Rentable Building Area 24,800 SF
No. Stories 1
Year Built 1977
Tenancy Single
Parking Ratio 0.73/1,000 SF
No. Drive In / Grade-Level Doors 15
Zoning I-G - Industrial - General

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Mantei's Transport Ltd
  • Transportation and Warehousing
  • 24,800 SF
  • -
  • Triple Net
  • Jan 2030
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Mantei's Transport Ltd Transportation and Warehousing 24,800 SF - Triple Net Jan 2030
  • Listing ID: 29858852

  • Date on Market: 2023-10-23

  • Last Updated:

  • Address: 8715 44th St SE, Calgary, AB T2C 2P5

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