8121 49 Avenue Close # 2, 3, 4

For Sale - Asking Price $1,100,000

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.

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

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.

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