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4000 Landry Avenue
Rural Red Deer County
Update on 2023-07-04 10:05:04 AM
$ 2,350,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
1980
YEAR BUILT
MLS® Number
A2141615
PROPERTY TYPE
Commercial
LISTING DATE
2024-07-22
TREMENDOUS HWY 2A EXPOSURE. This 21,600 SQ FT building, demised into 7 units , (FULLY TENANTED) w/ NNN leases in place, Situated on just over 4 ACRES, and a current 6.35% CAP RATE, GENERATING $237,240 in GROSS RENTAL INCOME (or $19,777/month). Bay sizes ranging from 30'x80' or 2,400SQ FT (5-single bays) to 60'x80' or 4,800 SQ FT (2-double bays) all with 12'x16' OHD. Secured compound on the north side of the building. Most offices are renovated, NEW ROOF IN 2019, office spaces w/ shop with offices, baths, and mezzanine open for development for more office space. 80' deep bays with two 12'x16'h doors at the back. Shared yard w/ common access. Newly re-packed, gravelled and graded yard. Total 2023/2024 Operational costs are estimated at $87,912 for 2024 or $4.07/PSF. Visit REALTORS® website for more details
(403) 271-0600
| COMMUNITY | Blindman Industrial Park |
| TYPE | Commercial |
| STYLE | |
| YEAR BUILT | 1980 |
| SQUARE FOOTAGE |
| BEDROOMS | |
| BATHROOMS | |
| BASEMENT | |
| FEATURES |
| GARAGE | No |
| PARKING | |
| ROOF | |
| LOT SQFT | 16551 |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Master Bedroom | ||
| Second Bedroom | ||
| Third Bedroom | ||
| Dining Room | ||
| Family Room | ||
| Kitchen | ||
| Living Room |
INTERIOR
Forced Air, Natural Gas, Radiant,
EXTERIOR
Broker
Century 21 Advantage
Agent
