LOADING

261185 Wagon Wheel Way, Balzac, Alberta T4A 0E2

$17,000,000.00

$17,000,000.00

HEAD OFFICE AND INDUSTRIAL COMPLEX ON TWO LOTS TOTALLY 9.81 ACRES. FULLY LEASED UNTIL 2025 WITH RENEWAL OPTIONS. CONSTRUCTED IN 2008 OF HIGH QUALITY CONSTRUCTION WITH 44,801 SF OF OFFICE UPGRADED IN 2016 AND 50,289 SF OF 24 FT CLEAR TO CEILING WAREHOUSE IN TWO SEPARATE BUILDINGS. 160 PAVED PARKING STALLS AND OVER 5 ACRES OF YARD STORAGE. THE 2018 LEASE WILL YIELD A CAPITILZATION RATE OF 6.38% NET. CARDLOCK ACCESS AND COMPUTER CONTROLLED HVAC TO MAXIMIZE COMFORT FOR OVER 120 EMPLOYEES. THIS IS GREAT HANDS OFF INVESTMENT WITH FUTURE POTENTIAL TO EXPAND THE SECOND PRE-ENG. BUILDING TO MAXIMIZE RATE OF RETURN. QUICK POSSESSION IS AVAILABLE TO QUALIFIED INVESTOR. (id:1086)

Building

Ceiling Height 288 In
Constructed Date 2008
Fireplace Present No

Land

Acreage No
Size Irregular 39699.36 Sqm
Size Total Text 39699.36 Sqm

Property Details

MLS ID C4143139
Features Flat
Plan 0810343

Listing courtesy of

RE/MAX REAL ESTATE (CENTRAL)

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