8121 49 Avenue Close #1,2,3
For Sale - Asking Price $1,075,000
Turnkey Investment Opportunity – Fully Leased Industrial Building in Red Deer
Seize the opportunity to own a fully leased, income-producing industrial property in Northlands Industrial Park, one of Red Deer's prime commercial hubs. 8121 49 Avenue Close is a 6,000 sq. ft. industrial building with I1 zoning, featuring three separately titled bays (condo units) and a strong tenant mix of established businesses.
Property Highlights:
Stable Income Stream – Long-term tenants with established businesses, currently leasing at an average rate of $14.82/sq. ft. (semi-NNN).
High-Quality Construction – Built in 2006 with energy-efficient features.
Excellent Layout & Features:
- Three bays:
- Bay 1 – 1,920 sq. ft.
- Bay 2 – 2,160 sq. ft. (with mezzanine storage)
- Bay 3 – 1,920 sq. ft.
- 20’ ceilings with 16’ overhead doors
- Radiant overhead heat + forced air HVAC
- Sump pits for industrial use
- 220 amp, 3-phase, 600V power supply
- Fenced storage yard for added tenant value
- Front office area with private washroom & kitchen break room
Strategic Location:
Easy access to major roadways, including Highway 2A, Highway 11A, and the future Ring Road development.
Surrounded by industrial and commercial properties, ensuring long-term demand and growth.
This property presents a low-maintenance, cash-flowing asset in a high-demand industrial park. Whether you're an investor seeking stable returns or a business owner looking to secure a prime industrial space, this opportunity is not to be missed!
Contact us today for financials, lease details, and to schedule a private tour.
Exterior Photos
Location: 8121 49 Avenue Close, Red Deer AB
Easy access to major roadways, including Highway 2A, Highway 11A, and the future Ring Road development.
Surrounded by industrial and commercial properties, ensuring long-term demand and growth.
8121 49 Avenue Close
Turnkey Industrial Investment – Fully Leased Income Property in Red Deer
Seize this prime commercial real estate investment in Northlands Industrial Park, Red Deer—one of the city’s most sought-after industrial hubs. This fully rented industrial building at 8121 49 Avenue Close offers 6,000 sq. ft. of income-generating space, zoned I1 (Light Industrial), and consists of three separately titled condo bays. Built in 2006, the property features a low-maintenance exterior and high-quality finishes, making it a hassle-free addition to any investment portfolio.
Key Investment Highlights:
Fully Leased & Cash-Flowing – Strong tenant mix of established businesses on month-to-month leases. Flexible Ownership Options – Ideal for owner-occupiers looking to take possession of one or more units. High Rental Potential – Investors can negotiate long-term leases to maximize rental income stability. Strategic Location – Situated in a high-demand industrial area with excellent access to major transportation routes.
Don’t miss this turnkey industrial investment opportunity in Red Deer! Contact us today to learn more.
Property Features:
Square Footage: Bay 2: 1,923 sqft Bay 3: 2,162 sqft Bay 4: 1,921 sqft Total Square Feet of 6,006
Zoning: Industrial Business Service Zone: I-1
Legal Descriptions: Three separate titles. Condominium Plan: 0227896 Legal Units: 2,3,&4 Unit Factors: 5,000
Condo Unit Features: 20’ ceilings with 16’ overhead doors Radiant overhead heat + forced air HVAC Sump pits for industrial use 220 amp, 3-phase, 600V power supply Fenced storage yard for added tenant value Front office area with private washroom & kitchen break room
Easy access to major roadways, including Highway 2A, Highway 11A, and the future Ring Road development. Surrounded by industrial and commercial properties, ensuring long-term demand and growth.
Contact Patrick
CENTURY 21 Advantage
#206 - 4807-50th (Gaetz) Ave., Red Deer, AB T4N4A5
Office: (403) 346-0021
Cell: (403) 357-9142
patrick.galesloot@century21.ca
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