Property Address: 32580 Range Road 11, Rural Mountain View County, AB, T4H1P6
Average square foot calculated using Size range provided by listing agent.
Description
New Industrial Building | Fully Leased | Netook Crossing – Mountain View County, AB Newly 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 Cap rate of 8.06% Located in business-friendly Mountain View County, the site also benefits from extremely low property taxes. C This is an investment that offers strong ROI and long-term income potential in a strategic location with continued commercial growth.Show Description