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Ashley Agent
Cool Calgary Homes Realty
101 Main Street, Calgary, Alberta
P: 403-000-0000  F: 403-000-0000
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Data last updated 4:14 AM, October 31, 2017
$17,000,000

261185 WAGON WHEEL WAY   Balzac, Alberta

MLS®: C4143139
URL:    
HEAD OFFICE AND INDUSTRIAL COMPLEX ON TWO LOTS TOTALLING 9.81 ACRES. FULLY LEASED UNTIL 2025 WITH RENEWAL OPTIONS. CONSTRUCTED IN 2008 OF HIGH QUALITY CONSTRUCTION WITH 44,801 SF OF OFFICE UPGRADED  IN 2016 AND 50,289 SF OF 24 FT CLEAR TO CEILING WAREHOUSE IN TWO SEPARATE BUILDINGS. 160 PAVED PARKING STALLS AND OVER 5 ACRES OF YARD STORAGE. THE 2018 LEASE WILL YIELD A CAPITILZATION RATE OF 6.38% NET. CARDLOCK ACCESS AND COMPUTER CONTROLLED HVAC TO MAXIMIZE COMFORT FOR OVER 120 EMPLOYEES. THIS IS GREAT HANDS OFF INVESTMENT WITH FUTURE POTENTIAL TO EXPAND THE SECOND PRE-ENG. BUILDING TO MAXIMIZE RATE OF RETURN. QUICK POSSESSION IS AVAILABLE TO QUALIFIED INVESTOR.
HEAD OFFICE AND INDUSTRIAL COMPLEX ON TWO LOTS TOTALLING 9.81 ACRES. FULLY LEASED UNTIL 2025 WITH RENEWAL OPTIONS. CONSTRUCTED IN 2008 OF HIGH QUALITY CONSTRUCTION WITH 44,801 SF OF OFFICE UPGRADED IN 2016 AND 50,289 SF OF 24 FT CLEAR TO CEILING WAREHOUSE IN TWO SEPARATE BUILDINGS. 160 PAVED PARKING STALLS AND OVER 5 ACRES OF YARD STORAGE. THE 2018 LEASE WILL YIELD A CAPITILZATION RATE OF 6.38% NET. CARDLOCK ACCESS AND COMPUTER CONTROLLED HVAC TO MAXIMIZE COMFORT FOR OVER 120 EMPLOYEES. THIS IS GREAT HANDS OFF INVESTMENT WITH FUTURE POTENTIAL TO EXPAND THE SECOND PRE-ENG. BUILDING TO MAXIMIZE RATE OF RETURN. QUICK POSSESSION IS AVAILABLE TO QUALIFIED INVESTOR.

Listing Information

Prop. Type:
Industrial
Status:
Active
City:
Balzac
Neighbourhood:
None
Area:
Balzac
Province:
Alberta
MLS® Number:
C4143139
Listing Price:
$17,000,000

General Information

Year Built:
2008
Transaction Type:
For Sale
Zoning/Land Use Code:
DC-99
Region:
Rocky View
Tax Year:
2017
Subject Space SqFt:
95180
Total Square Feet:
95180ft2

Additional Information

Plan:
0810343
Legal Block:
8
Legal Lot/Unit:
1 & 2

Other Information

Lease Term (in Months):
96
Land Size Acres:
9.8100
Zoning/Land Use:
DC-99

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This property is listed by RE/MAX Real Estate (central) and provided here courtesy of Ashley Agent. For more information or to schedule a viewing please contact Ashley Agent.
Ashley Agent
Cool Calgary Homes Realty
Phone: 403-000-0000
Mobile Phone: 403-000-0000
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