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 Current Cap rate of 10.99% 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. (id:47421)
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Detailed Information
Features
Visual exposure, Level
Lease Type
Net
Listing Contract Date
2026-02-28
Municipal ID
0036674456
Ownership Type
Freehold
Plan
1511332
Property Type
Industrial
Road
Paved road
Transaction Type
For sale
Total Buildings
1
Zoning Description
I-BP
Building
Ceiling Height
288 inches
Constructed Date
2024
Construction Material
Steel frame
Exterior Finish
Aluminum siding
Foundation Type
Slab
Heating Fuel
Natural gas
Heating Type
Other, Radiant heat
Size (Exterior)
16200 square feet
Total Finished Area
16200 sqft
Utility Water
Cistern, Private Utility
Utilities
Type
Description
Electricity
Connected
Natural Gas
Connected
Land
Total Size
2.5 acres
Acreage
Yes
Size of Irregular Land
2.50
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