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Home AB Mountain View County
32580 RANGE ROAD 11
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32580 RANGE ROAD 11 $3,950,000
$3,950,000
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32580 RANGE ROAD 11
Rural Mountain View County, Alberta T4H1P6

MLS® Number: A2222559

Listing Description

New Industrial Building | Fully Leased | Netook Crossing – Mountain View County, ABNewly constructed 9-bay industrial building located in the growing commercial area of Netook Crossing, just off the Hwy 2 corridor near the Town of Olds. This high-visibility property offers excellent access to both Calgary and Red Deer, each approximately 35 minutes away.Built with steel and concrete construction, the property is designed for long-term durability and minimal maintenance. The 16,200 sq. ft. building features nine 1,800 sq. ft. bays, each with a 16’ x 16’ overhead door and access to a fully fenced yard. The bays are currently leased is a 5 bay +1 and 3, grouping, allowing for future tenant flexibility through demising or expansion.All tenancies are secured under Triple Net leases, generating an average base rent of $19.66 per sq. ft. With a Cap rate of 8.06% Located in business-friendly Mountain View County, the site also benefits from extremely low property taxes. CThis is an investment that offers strong ROI and long-term income potential in a strategic location with continued commercial growth. (30599339)

Property Summary

Property Type
Industrial
Title
Freehold
Land Size
2.5 ac|2 - 4.99 acres
Built in
2024
Annual Property Taxes
$8,718
Time on REALTOR.ca
28 days

Building

Interior Features
Ceiling Height
288 in
Building Features
Features
Visual exposure, Level
Foundation Type
Slab
Construction Material
Steel frame
Total Buildings
1
Heating & Cooling
Heating Type
Other, (Natural gas), Radiant heat
Utilities
Utility Type
Electricity (Connected), Natural Gas (Connected)
Water
Cistern, Private Utility
Exterior Features
Exterior Finish
Aluminum siding

Measurements

Square Footage
16200 sqft
Total Finished Area
16200 sqft
Exterior Building Size
16200 sqft

Land

Lot Features
Road Type
Paved road
Other Property Information
Zoning Description
I-BP
Lease Type
Net
Data provided by: Pillar 9™
Mike Gait