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.
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.
✅ 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
2024 Finances:
Annual Rent Roll | 89,022.00 | |
EXPENSES | ||
Taxes | 15,593.00 | |
Insurance | 1,200.00 | |
Repairs & Maintenance | 3,600.00 | |
Total Expenses | 20,393.00 | |
NOI | 68,629.00 |
📍 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.