Sylvan Lake Retail Buildings for Sale

Commercial Real Estate in Sylvan Lake available for sale

Retail Spaces for Sale Within of Sylvan Lake

9 Beju Industrial Dr

Sylvan Lake, AB T4S 2J4

Retail for Sale
$1,999,000 CAD
12,282 SF

Sylvan Lake Retail for Sale

Single-tenant triple net investment property on Highway 20 in Sylvan Lake. Purpose-built commercial building on 1.04 acres, CH Highway Commercial zoning, constructed 2005. Two storeys with mezzanine. Open-span construction with high clear ceiling heights and no interior columns through the principal floor area. Owned surface parking with direct highway exposure and access. Currently leased to Landmark Cinemas of Canada Inc. on a triple net basis at $135,000 per annum, with the tenant responsible for all operating costs and property taxes. Lease expires January 9, 2030. Tenant has provided notice of intention to vacate at term end, presenting a repositioning opportunity for an incoming purchaser in one of Alberta's fastest-growing communities. Building configuration supports a range of alternative uses including recreation, entertainment, food and beverage, medical, childcare, and assembly occupancies.

Contact:

Lapp Realty Commercial Group

Date on Market:

2026-08-11

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More details for 25 Beju Ind. Dr, Sylvan Lake, AB - Retail for Sale

Liquor Hutch Ltd. - 25 Beju Ind. Dr

Sylvan Lake, AB T4S 2J4

Retail for Sale
$739,000 CAD
9,201 SF

Air Conditioning
Security System
Smoke Detector

Sylvan Lake Retail for Sale

Buyer Profile: Likely acquired by a local or regional private investor or owner-user targeting functional small-bay industrial space in a supply-constrained market Transaction Nature: Typical of Sylvan Lake industrial trades, with a strong possibility of partial or full owner-occupancy, limiting cap rate transparency Pricing Dynamics: Primarily driven by price per SF and usability, with cap rates (if leased investment) generally aligning in the mid-6% to low-8% range based on tenant covenant and lease terms Income Profile: Likely multi-tenant or flexible demising configuration Net or modified gross lease structures common Strong leasing velocity for small industrial bays Key Deal Drivers: Scarcity of comparable small-bay inventory in Sylvan Lake Consistent demand from local service and trades businesses Proximity to Red Deer enhancing regional accessibility Stabilization: Asset likely stabilized or near stabilized, with minimal downtime risk given market fundamentals Execution Context: Transactions in this segment are often locally marketed or off-market, with competitive interest from both investors and owner-users Investment Thesis: Acquisition of a highly liquid, functional industrial asset with strong re-leasing fundamentals and downside protection via diversified tenant demand