See all 46 photos
46 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,200,000
Est. payment /mo
2.64 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Cuendet Industrial Park
MLS® Listing ID A2264385
Year Built 2003
Annual Tax Amount $28,778
Tax Year 2025
Lot Size 2.640 Acres
Acres 2.64
Property Sub-Type Industrial
Source Central Alberta
Property Description
Fully leased industrial investment property located in Sylvan Lake's Beju Industrial Park. The 14,400 sq. ft. building sits on 1.50 acres and features a two-level office buildout totaling 8,800 sq. ft., and a 5,600 sq. ft. shop with three drive-in bays including one wash bay. Both tenants occupy under long-term triple net leases with structured rental escalations in place. Renewals are signed with no rollover until 2030. Stabilized NOI in 2026 is $160,748, representing a 7.31% going-in CAP at list price. Site is fully fenced with radiant heat, HVAC, sunshine-panel overhead doors, sump systems, and yard access. Environmental remediation completed (Phase I & II available). Excellent turnkey investment with strong tenant profiles and long-term lease security.
Location
Province AB
County Red Deer County
Zoning I1
Others
Restrictions None Known
Tax ID 101348051
Ownership Private
Read Less Info
Listed by eXp Realty
GET MORE INFORMATION
